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Find the proceeds and maturity date of the note with the given terms. Use a banker's year of 360 days. Face Value $5700 Discount Rate
Find the proceeds and maturity date of the note with the given terms. Use a banker's year of 360 days. Face Value $5700 Discount Rate 8.1% Date Made Time (Days) 90 Maturity Date Proceeds or Loan Amount Apr 1 Find the proceeds of the note. $ (Round to the nearest cent.) What is the maturity date of the note? Find the maturity date and the proceeds using the following data. Use the given table for the number of each of the days of the year. Maturity Value Discount Rate Date made Time in Days 1 $18,000 October 22 120 7% Click here to view page 1 of the table. Click here to view page 2 of the table. The maturity date is (Type a whole number.) The amount of the proceeds is $ (Round to the nearest cent as needed.) Find the proceeds when the following simple discount note is discounted. Proceeds Maturity Value $15000 Discount Rate 18% Discount Period (Days) 150 $ The proceeds are $| (Round to the nearest cent.) Enter your answer in the answer box
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