17. DETAILS BRECMBC9 10.111.018. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The following interest-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.) Face Value Interest Rate (%) Date of Note Term of Note (days) Maturity Date Maturity Value (in $) $450 11 2 June 9 135 ---Select--- $ Date of Discount Discount Period (days) Discount Rate (%) Proceeds (in $) Sept. 5 12.5 Need Help? Read It