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Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 8%. Use the ordinary interest method. (Use Days in

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Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 8%. Use the ordinary interest method. (Use Days in a cartable) (Do not round Intermediate calculations. Round your final answers to the nearest cent.) Bank discount Discount period Maturity value Proceeds Face value principal 5 50.400 Rate of interest 09 Length of note 90 days Date of note January 12 Date note discounted February 3

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