Warren borrowed $14,000 on a noninterest-bearing, simple discount, 4.5% 60 day note. Assume ordinary interest.

What are:

i. The maturity value,

ii. Banks discount,

iii. Warrens proceeds,

iv. Effective interest rate to the nearest 100th?

I'm stuck on how to get the maturity value. Please explain in terms of math and not using excel or special calculators.