Question: In this situation, find ( a ) the maturity value, ( b ) the proceeds, and ( c ) the amount of discount. A note

In this situation, find (a) the maturity value, (b) the proceeds,
and (c) the amount of discount.
A note will mature for its face value of $20,000 in 100 days. You buy the note for $1,000 less than its face value.

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