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P7-11 Discounting a note receivable A tortas 9 107-7 Descriptors are provided below for stations in otrocivile being discounted at a bank In cach cest,

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P7-11 Discounting a note receivable A tortas 9 107-7 Descriptors are provided below for stations in otrocivile being discounted at a bank In cach cest, the date of the note is December 31, 2021, and the principal and interest at det maturity. For each, determine the proceedived from the use discounting the note Note Note Face Value Date of Nore Interest Rate Date Discounted Disc Rate $50,000 os 1 2 BON 3/31/2031 3/31/2021 3/31/2021 10 90/2021 9/30/2021 9/30/2021 10/31/2031 3 12 50.000 50.000 30,000 80,000 30,000 + 6 10 5 6:30/2021 6/30/2021 6/30/2021 6 10:31 2031 13 6 11/30/2021 10

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