Question: Complete the following table for this simple discount note. Use the ordinary interest method. (Use 360 days a year. Do not round intermediate calculations. Round
Complete the following table for this simple discount note. Use the ordinary interest method. (Use 360 days a year. Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "$" sign in your response.) |
| Amount due at maturity | Discount rate | Time | Bank discount | Proceeds |
| $20,500 | 246 days | $ | $ | |
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