For the next four problems: The following is an interest-bearing note: $2,000 Topeka, Kansas June 15, 20X3 Sixty days after date I promise to pay to the order of Oakbrook Motel-..... Two thousand and no/100 - .... dollars payable at First City Bank of Topeka with an interest at 12 percent. Charles White 1) Based on the information above, calculate interest payment. Interest = principal x rate x time $20 O $40 QUESTION 31 2) Based on the information above, calculate the note's maturity value. Maturity value = principal + interest payment $2,000 O $2,020 O $2,040 $2,060 QUESTION 32 3) Assume that 30 days after the Oakbrook motel accepted the note from Charles White, the treasurer takes the note to the local bank, which discounts it at a rate of 10%. How much is the discount? Discount = Maturity value X Discount rate X Discount period $17 OOO $26 QUESTION 33 4) How much cash that Oakbrook treasurer would receive (=Proceeds)? Proceeds = Maturity value - Discount $2,016 $2,020 O $2,023 $2,027