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Ron Prentice bought goods from Shelly Katz. On April 10, Shelly gave Ron a time extension on his bill by accepting a $2,880, 10%, 155

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Ron Prentice bought goods from Shelly Katz. On April 10, Shelly gave Ron a time extension on his bill by accepting a $2,880, 10%, 155 day note. On July 14, Shelly discounted the note at Roseville Bank at 9% (Use Days in a year table) What proceeds does Shelly Katz receive? (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.) Proceeds received Joanne and Ed Greenwood built a new barn with an attached arena. To finance the loan, they paid $1,311 interest on $41.600 at 49 What was the time, using exact interest? (Do not round intermediate calculations. Round up your answer to the nearest day.) Time days

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