Question: I need help with this question. Thank you! Proceeds from Notes Payable On January 26, Nyree Co, borrowed cash from Conrad Bank by issuing a

I need help with this question. Thank you!

Proceeds from Notes Payable On January 26, Nyree Co, borrowed cash from Conrad Bank by issuing a 45 -day note with a face amount of $150,000. Assume a 360 -day year. Required: a. Determine the proceeds of the note, assuming that the note carries an interest rate of 10%. x b. Determine the proceeds of the note, assuming that the note is discounted at 10%%

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