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The following interest - bearing promissory note was discounted at a bank by the payee before maturity. Use the ordinary interest method, 3 6 0

The following interest-bearing promissory note was discounted at a bank by the payee before maturity. Use the ordinary interest method, 360 days, to calculate the missing information. (Round dollars to the nearest cent.) Face Value: $1,210 Interest Rate (%): 7.7 Date of Note: Sept. 16 Term of Note (days): 130 Maturity Date: ? Maturity Value (in $): ? Date of discount: Dec. 9 Discount period (days): ? Discount Rate (%): 11.6 Proceeds (in $): ?

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