TUTORIAL PROANSSORY NOTES AND BANK DISCOUNT pdf Adobe Acrobat Reader DC (64-bit) File Ede Vie Sign Winde Help TUTORIAL PROMIS October 2003 100% On 15th March 2003, Marina received a 100-day promissory note with a simple interest rate of 10% per annum. On 11th May 2003, she discounted the note at a discount rate 9% and received proceeds of RM2897.68. Find a) the maturity date (23 June 2003) b) the maturity value (RM2929.17) c) the value of bank discount (RM31.49) d) the face value (RM2850) e) the simple interest rate that is equivalent to the discount rate (9.1%) April 2008