19. DETAILS BRECMBC9 10.111.026. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Use the ordinary interest method, 360 days, to solve the following word problem. Round to the nearest cent when necessary. Roni Lockard signed a $23,500 simple discount promissory note at a certain bank. The discount rate was 19%, and the note was made on February 16 (not in a leap-year) for 115 days. (a) What proceeds (in $) will Roni receive on the note? $ (b) What is the maturity date of the note? ---Select--- Need Help? Read It