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17. A 100-day note with a face amount of $54,000 and interest rate of 9% is issued on June 1. (6 points) Required: 1. Compute

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17. A 100-day note with a face amount of $54,000 and interest rate of 9% is issued on June 1. (6 points) Required: 1. Compute the following using a 360-day year: a. Maturity value of the note $_ b. Maturity date c. Interest $ 2.The note is discounted on July 1. The bank discount rate is 12%. Compute the following: a. Number of days in the discount period b. Discount amount $ c. Proceeds $

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