Question: Chapter 5 Discount Notes, APR Use: B = MDT, MV = Proceeds/1-DT Nita Darmati signed a $9.000 simple discount note at First City Bank. The

Chapter 5 Discount Notes, APR Use: B = MDT, MV = Proceeds/1-DT Nita Darmati signed a $9.000 simple discount note at First City Bank. The discount rate was 7%, and the note was made on October 3 for 50 days. (Use a 360-day year.) Find her proceeds. Round to the nearest cent

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