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Solve for maturity value discount perlod 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 perlod 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.) Length of note Maturity value Bank discount Face value (principal) $ 54,400 Rate of interest 12 Proceeds Date of note June 14 Date note discounted July Discount period days 95 days

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