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1 1 Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 9%. Use the ordinary interest method. (Use

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1 1 Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 9%. Use the ordinary interest method. (Use Days in a year table (Use 360 days a year. Do not round intermediate calculations. Round your final answers to the nearest cent.) Length of Face value (principal 5 50.000 Maturity value Bank discount Rate of interest 11% Proceeds Discount period Date of note June 10 note Date note discounted July 18 00 25.00 95 days 1 Day 11 CE 1 It IE 16 20 Feb 30 Sept Jan Mar . May June Aug DLL Now De 16 EIE 2 CE 145 308 PE HI 215 29 09 124 14 140 > 59 157 DIE 7 14 2 OSE 1 ESE SE 01 00 161 11 70 16 22 11 co 224 164 19 74 361 16 260 Ort 15 170 20 23 It 16 TA 16 13 HE 24 PE st ot 20 10 21 20 it pot

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