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Siti receives a promissory note for RM1500 with an interest 10% per annum that is due in 60 days.The note is dated 10th April 2022.The

Siti receives a promissory note for RM1500 with an interest 10% per annum that is due in 60 days.The note is dated 10th April 2022.The note is discounted on 15th April 2022 at a bank charges of 12% discount.Find

a. the Maturity date is 9th June 2022

True/False

b. the Maturity value

c. the proceeds

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