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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

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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 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.) Discount Note Note Face Value Proceeds Received Date of Note Rate 1 $ 12% 12% 10% 2 80,000 80,000 80,000 120,000 120.000 120.000 3 Interest Date Rate Discounted 10% 6/30/2021 9/30/2021 10% 9/30/2021 8% 10/31/2021 8% 10/31/2021 8% 11/30/2021 3/31/2021 3/31/2021 3/31/2021 6/30/2021 6/30/2021 6/30/2021 14% 12% 14% 4 5 12% 6

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