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MNC athletics signed a 3 5 0 0 simple interest note at 1 5 % for 6 0 days on October 4 on November 5

MNC athletics signed a 3500 simple interest note at 15% for 60 days on October 4 on November 5 the Bank holding the M and Z note sold all its notes to another bank effective 14 days later at a discounted rate of 17.5% find the maturity value of the original note and the proceeds to the bank. Selling the note. Use bankers interest of 360 days..find the maturity value and net proceeds

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