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Find the discount and proceeds on a 3220 face value note for 9 months if the discount rate is 9.4% (USE THE BANKERS RULE) The

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Find the discount and proceeds on a 3220 face value note for 9 months if the discount rate is 9.4% (USE THE BANKERS RULE) The discount is $____?The proceeds are $____?

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X 11.3.3 Question Help Find the discount and proceeds on a $3,220 face-value note for nine months if the discount rate is 9.4%. (Use the banker's rule.) The discount is $ . (Round to the nearest cent as needed.)

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