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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 Interest
Rate (%) Date of
Note Term of
Note (days) Maturity
Date Maturity
Value
(in $)
$650
11
1
2
June 8135
---Select---
$
Date of
Discount Discount
Period (days) Discount
Rate (%) Proceeds
(in $)
Sept. 5
15.5 $

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