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1- President Joe Biden signed the $1.9 trillion stimulus into law. Eligible individuals would receive $1.400 plus a 2. $1,400 bonus for each dependent. Sammy

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1- President Joe Biden signed the $1.9 trillion stimulus into law. Eligible individuals would receive $1.400 plus a 2. $1,400 bonus for each dependent. Sammy Bailey needed funds prior to mid-March when the stimulus checks were to be funded and decided to look into discounting his 12 -month $3,500@5.75%.simple discount note to his bank for an 8.5% discount. What was the maturity value for Sammy's

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