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Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 9%. Use the ordinary interest method. (Use Days in
Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 9%. Use the ordinary interest method. (Use Days in a year table.) (Do not round Intermedlate calculations. Round your final answers to the nearest cent.) Face value (principal) 50.000 Rate of interest 11% Bank discount Length of note 95 days Maturity value Date of note June 10 Date note discounted July 18 Discount period
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