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5 points Arter On November 1, Kilgore College issued a 60-day note with a face amount of $275,000 to Jergens Company for merchandise inventory.(Assume a

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5 points Arter On November 1, Kilgore College issued a 60-day note with a face amount of $275,000 to Jergens Company for merchandise inventory.(Assume a 350-day year is used for interest calculations ) Round to the nearest dollar Determine the proceeds of the note assuming the note carries an interest rate of 5% b. Determine the proceeds of the note assuming the note is discounted at 5%. For the toolbar, press ALT+F10 POOR ALTEN.F10 Mac B TVS Paragraph Arial 140x IXO u. 4

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