Q4. Serene received a 90-day promissory note with an interest rate of 9% per annum. The face value of the note is RM30,000 and the maturity date is 15 June 2019. She discounts the note at 8% just 50 days before maturity. Find (a) the date of the note, (4 marks) (CLO2:PLO2:03)(CLO2:PLO2:03) (b) the maturity value of the note, (4 marks) (CLO2:PLO2:C3)(CLO2:PLO2:C3) (c) the proceeds received, (3 marks) (CLO2:PLO2:C3)(CLO2:PLO2:C3) (d) the simple interest rate earned by the bank which is equivalent to the discount rate. Approximate your answer to two decimal places. (3 marks) (CLO2:PLO2:C3)(CLO2:PLO2:C3)