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Find the maturity value, discount period, discount, and proceeds for a promissory note that is discounted at 6%. Use banker's interest of 360 days. Loan

Find the maturity value, discount period, discount, and proceeds for a promissory note that is discounted at 6%. Use banker's interest of 360 days.

Loan Made on: April 5

Face Value: $3500

Length of Days: 200

Rate: 5%

Date of discount: August 26

Non Leap Year

The maturity value is $ ?

(Round to the nearest cent as needed.)

The discount period is ? days

The discount is ? $

(Round to the nearest cent as needed.)

The proceeds are ? $

(Round to the nearest cent as needed.)

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