$1.$ On December $12,$ Lowell Corporation accepted a $$160,000,120-$day; non$-$interest$-$bearing note from Able.com. What is thematurity value of the note?

$2.$ eXcel The face value of a simple discount note is $$17,000.$ The discount is $4\%$ for $160$ days. Calculate the following:

a$.$ Amount of interest charged for each note.

b$.$ Amount borrower would receive.

c$.$ Amount payee would receive at maturity.

d$.$ Effective rate $($to the nearest tenth percent$).$

$3.$ On July $14,$ Gracie Paul accepted a $$60,000,6\%,160-$day note from Mike Lang. On November $12,$ Gracie discounted the noteat Lend Bank at $7\%.$ What proceeds did Gracie receive?

$4.$ Lee.com accepted a

$$70,000,63/4\%,120-$day note on July $26.$ Lee discounted the note on October $28$ at NBKC Bank at $6\%.$What proceeds did Lee receive?

$5.$ The owner of Lease.com signed a $$60,000$ note at Albert Bank. Albert charges a $71/4\%$ discount rate. If the loan is for $210$ days,find $($a$)$ the proceeds and $($b$)$ the effective rate charged by the bank $($to the nearest tenth percent$).$

$6.$ Sam Slater buys a $$10,000,13-$week Treasury bill at $1\mathrm{.}875\%.$ What is the effective rate? Round to the nearest hundredth percent.

$7.$ Christy Smith wants to open a sports bar. If she qualifies for a $$250,225$ simple discount note at $9\%$ for $280$ days,what are her proceeds?

$8.$ How much would Nellie Viner need to take out if she needed $$4,500$ at $7\%$ for $85/360$ days for a simple discount note?

$9.$ Help Christy Hackett figure out the time on her simple discount note: $$3,750$ at $5\%$ paying $$100$ in interest.

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