A merchant signed a $12000 Simple Discount Note. The note was for 220 days at a discount rate of 15%.

73 days before the expiration date of the note, the merchant rediscovered the note at City's Bank, at 13% discount.

find:

Maturity Value: $

The amount the merchant receives: $

The discount period:

The bank discount: $

The amount City's Bank receives (proceeds): $