$[-/1$ Points$]$

$$ BRECMBC$910.$III$\mathrm{.}018.$

and icon badges.

ASK YOUR TEACHER

The following Aiterest$-$bearing promissory note was discounted at a bank by the payee before maturity. Use the ordinary interest method, $360$ days, to calculate the missing information. $($Round dollars to the nearest cent.$)$

$\backslash$table$[[\backslash$table$[[$Face$],[$Value$]],\backslash$table$[[$Interest$],[$Rate $(\%)]],\backslash$table$[[$Date of$],[$Note$]],\backslash$table$[[$Term of$],[$Note $($days$)]],\backslash$table$[[$Maturity$],[$Date$]],\backslash$table$[[$Maturity$],[$Value$],[($in $$)]]],[$$$250,17\frac{1}{2},$June $3,135,--$Select$---,$$$],[\backslash$table$[[$Date of$],[$Discount$]],\backslash$table$[[$Discount$],[$Period $($days$)]],\backslash$table$[[$Discount$],[$Rate $(\%)]],\backslash$table$[[$Proceeds$],[($in $$)]],],[,$Sept. $5,,19\mathrm{.}5,$$$,]]$