Question: Grace had a 10% interest-bearing note dated 3 March 2019. The term of the note was 100 days. On April 29, 2019, she discounted the

Grace had a 10% interest-bearing note dated 3 March 2019. The term of the note was 100 days. On April 29, 2019, she discounted the note at 9%. If the proceeds received amounted to RM2766.98, find a) the maturity date of the note, b) the maturity value of the note, c) bank discount value in ringgit, d) the face value of the note, e) the simple interest rate that is equivalent to the bank discount rate.

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