PART B: Using ordinary interest, 360 days, calculate the bank discount (in $), proceeds (in $), and effective rate (as a %) for the simple discount note. Round dollars to the nearest cent and round effective rate to the nearest hundredth of a percent. Term Face Value Discount Rate (%) (days) Bank Discount Proceeds Effective Rate (%) $6,805 10.19 77 $ 148 x $ 6657 x 10.98% X % PART C: The following interest-bearing promissory note was discounted at a bank by the payee before maturity. Use the ordinary interest method, 360 days, to calculate the missing information. (Round dollars to the nearest cent.) Face Value Date of Interest Rate (%) Term of Note (days) Maturity Date Maturity Value (in $) Note $750 14. June 6 135 ---Select--- $ Date of Discount Discount Period (days) Discount Rate (%) Proceeds (in $) Sept. 5 17.5 $ PART D: Use the ordinary interest method, 360 days, to solve the following word problem. Round to the nearest cent when necessary. Roni Lockard signed a $28,500 simple discount promissory note at a certain bank. The discount rate was 13%, and the note was made on February 12 (not in a leap-year) for 115 days. (a) What proceeds (in $) will Roni receive on the note? $ 1183.5 (b) What is the maturity date of the note? June 6 x