Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 10%. Use the ordinary interest method. (Use Days in a year table.) (Do not round intermediate calculations. Round your final answers to the nearest cent. Face value (principal) Rate of interest Length of note Maturity value Date of note Date note discounted Discount period Bank discount Proceeds $54,300 12% 95 days $ October 15 November 2 days $ $TABLE 7.1 Exact days-in-a-year calendar (excluding leap year)* Day of 31 28 31 30 31 30 31 31 30 31 31 month Jan. Feb. Apr. May June July Sept. Oct. Nov. Dec. 32 60 91 121 152 182 213 244 274 305 335 122 214 245 275 306 336 34 62 93 123 154 184 215 246 276 63 94 124 155 185 216 36 64 95 125 156 186 217 248 339 37 65 96 126 157 187 218 249 279 310 340 38 66 97 127 158 188 219 250 280 311 341 67 98 128 159 189 220 251 281 312 342 8 313 69 100 130 161 161 222 253 283 314 344 70 101 131 162 192 223 254 284 315 345 71 102 132 163 193 224 255 285 316 346 44 72 103 133 164 194 225 256 73 104 165 195 226 318 348 46 74 105 135 166 196 227 258 319 349 75 106 136 167 197 228 259 289 320 350 76 107 137 168 198 229 260 290 351 49 77 108 138 169 199 50 78 109 139 170 200 231 262 323 79 1 10 140 171 201 232 324 52 80 141 172 202 233 264 294 325 355 53 81 1 12 142 173 203 234 265 295 326 356 54 82 143 174 55 83 114 144 175 267 56 84 1 15 145 176 206 237 268 298 329 359 57 85 1 16 146 177 207 238 269 299 330 360 58 86 147 178 208 239 300 28 28 59 87 148 179 271 29 88 149 210 272 333 363 30 30 89 120 150 181 242 273 334 31 90 151 212 243 304 365 "Often referred to as a Julian calendar