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Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.) Face Value Discount Rate

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Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.) Face Value Discount Rate (%) Date of Term Note (days) Maturity Date Bank Discount (in $) Proceeds (in $) $74,000 5 May 2 52 ---Select-- 0 $ 536.11 x $

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