Question: Complete the following table for the simple discount notes. Use the ordinary interest method. (Use 360 days a year.) Complete the following table for the

Complete the following table for the simple discount notes. Use the ordinary interest method. (Use 360 days a year.)

Complete the following table for the simple discount notes. Use the ordinary interest method. (Use 360 days a year.) Amount due Discount rate Time 160 days Bank discount Proceeds at maturity 37,800 4.50%

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