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Solve for maturity value, discount perlod bank discount, and proceeds. Assume a bank discount rate of 11%. Use the ordinary interest method. (Use Dwys in

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Solve for maturity value, discount perlod bank discount, and proceeds. Assume a bank discount rate of 11%. Use the ordinary interest method. (Use Dwys in a year table.)(Do not round Intermediate calculations, Round your final answers to the nearest cent.) Face value [principal $ 51,300 Rate of Interest 10% Length of note Maturity value Date of note October 14 Date note discounted November 2 Discount period Dank discount Proceeds 95 days daye TABLE 7-1 Exact days-n-a-year calendar (excluding leap year) Day of month 31 Jan. 28 Feb. 31 Mar 30 Apr. 31 May 30 June 31 July 31 Aug. 30 Sept. 31 Ost. 30 Nov. 31 Dec 1 60 121 152 182 213 244 32 33 305 306 61 122 153 214 2 3 91 92 93 94 183 184 245 246 123 34 35 154 155 215 216 274 275 276 277 278 307 308 124 185 247 335 336 337 338 339 320 341 5 185 35 32 52 63 60 65 65 67 GB 6 156 157 158 187 95 95 97 08 99 217 218 29 270 280 309 310 311 38 125 126 127 128 129 130 248 249 250 251 252 253 10 220 188 189 190 191 159 160 40 221 312 313 314 252 283 303 69 100 161 222 214 215

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