Question: Complete the following table for the simple discount notes. Use the ordinary interest method. (Round your answers to the nearest cent.) Amount due at maturity=
Complete the following table for the simple discount notes. Use the ordinary interest method.(Round your answers to the nearest cent.)
Amount due at maturity= 3600
Discount Rate= 2.5%
Time= 200 days
What is the bank discount? $____
What is the proceeds? $_____
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