19-21 all plz

19. A promissory note with a maturity value of $20,000 is sold to a bank 32 -months before maturity. The bank discounts the note using j2=16%. What are the proceeds if the practical method is used? (A) $13.275.57 (B) $13,258.11 (C) $13,266.92 (D) $12,939.48 20. A company borrows $33,210 from a bank today. They are to pay off this loan with ten annual payments of $4500. The first payment is to be made one year from today. Using linear interpolation, what is the nominal rate of interest, j1 that the bank is charging on this loan? You are given: a10/05=7.7217a10,06=7.3601,a10/00=7.0236 (A) 6.10j1 (B) 6.00%h1