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Descriptors are provided below for six situations involving notes receivable being discounted at a bank in each case the maturity date of the note is
Descriptors are provided below for six situations involving notes receivable being discounted at a bank in each case the maturity date of the note is December 31, 2021 and the principal and interest are due at maturity For each, determine the proceeds received from the bank on discounting the note (Do not round intermediate calculations. Round your final answers to the nearest whole dollar) Now Date of None 1 5 2 Note Face Value 5 60,000 50,000 60.000 85,000 85,000 85,000 Dan Rahu Decounted 6% 6/30/2020 6% 9/30/2021 6% 9/30/2021 4% 10/31/2021 4% 10/31/2621 4% 11/30/2021 3/31/2021 3/312021 31/31/2021 6/30/2021 6/30/2021 6/30/2021 Dinco Proceeds Received 8% 5 3.000 8% 12% 3% 12% 8% 3 4 5 6 V
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