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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 year table) (Do not round Intermediate calculations. Round your final answers to the nearest cent.) Face value (principal) 22,700 Rate of Interest 8% Length of note 60 days Maturity value Date of note April 15 Bank discount Date note discounted May 17 Discount period Proceeds Day of month 31 Jan 28 Feb 31 Mar 30 Apr 31 May 30 June 31 July 31 Aug 30 Sept 31 OCL 30 Nov 31 Dec 1 1 152 KIZ 235 2 2 31 60 51 62 63 214 33 34 35 36 36 01 92 93 94 95 121 122 123 124 125 244 245 246 274 215 216 297 1114 337 156 4 5 INC BE 305 xo 307 300 309 310 311 5 19 TOS TH 187 138 165 9 LC 126 20 2 26 127 65 GG 67 68 216 217 218 219 220 221 -222 34 32 120 180 201 CLE 6 28 240 250 251 252 253 254 255 0 129 CBC 190 191 69 38 39 10 41 42 43 44 15 OCE 200 10 11 12 121 KTE 345 157 158 159 160 161 102 163 164 165 166 167 160 30 314 315 315 312 310 132 285 10 11 12 13 14 15 16 OPC . . 250 20 347 34 257 258 98 99 100 101 102 103 104 105 105 107 108 100 110 111 112 2017 288 46 GLE 70 71 72 73 74 75 76 77 78 70 -80 21 250 2 14 15 16 17 10 19 20 21 350 4 17 18 19 134 135 136 137 130 130 100 224 22 226 227 228 229 230 221 222 233 214 260 261 330 321 222 57 193 194 195 196 197 193 199 200 201 202 203 204 205 206 207 352 353 50 CHE 51 264 205 266 81 325 326 327 20 21 22 23 24 75 25 ET 290 291 292 293 24 395 390 297 255 290 300 301 355 356 357 358 359 CE ELL 24 114 257 839908 170 171 172 173 174 175 175 177 178 179 180 181 142 143 144 T15 140 TAT 2.30 232 329 54 55 56 57 5B 59 33 34 35 86 115 DEE CHE 200 210 116 117 TH 000 26 27 28 210 ARRES 351 352 361 362 28 23 ont 212 ESE 119 120 14 149 150 151 700 210 211 212 243 242 08 89 90 213 364 30 31 303 304 365

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