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A 10%,100-day note is dated 20 September 2021 . The maturity value of the note is RM3,083.33. If the note is discounted on 17 November
A 10%,100-day note is dated 20 September 2021 . The maturity value of the note is RM3,083.33. If the note is discounted on 17 November 2021 at 12%, find the: (a) maturity date of the note. (3 marks) (b) face value of the note. (4 marks) (c) proceeds when the note is discounted
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