A $8600 note is signed, for 280 days, at a discount rate of 11.5%. Find the proceeds. A) $7830.78 B) $8600.00 C) $7611.00 D) $7841.32 Ted owes $10,000 to Mary. The loan is payable in 1 year at 10%. Mary needs cash, so 5 months before the loan is payable she goes to her bank which will pay her the maturity value of the note less a 14% discount fee. Find the amount Mary will receive. A) $9716.67 B) $10, 358.33 C) $641.67 D) $10, 230.00 Tuition of $2700 is due when the spring term begins, in 3 months. What amount should a student deposit today, at 11%, to have enough to pay tuition? A) $2627.74 B) $2651.39 C) $2432.43 D) $72.26