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Determine the bank discount and the proceeds if $5,000 is discounted at a discount rate of 15% for 3 months. OP = $4912.5; D =

Determine the bank discount and the proceeds if $5,000 is discounted at a discount rate of 15% for 3 months. OP = $4912.5; D = $197.5 O P = $4712.5; D = $177.5 P = $4612.5; D = $167.5 OP - $4812.5; D = $187.5

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