How do interest payment schedules typically differ between short-term and long-term notes payable?

• A. Both short-term and long-term notes pay interest only at maturity date.
• B. Short-term notes pay interest at maturity, long-term notes pay periodically.
• C. Both short-term and long-term notes pay interest monthly without exception.
• D. Short-term notes pay interest monthly, long-term notes pay only at maturity.

Answer: (B)