Question: Please break down/show all work. Thank you! Using ordinary interest, 360 days, calculate the missing information for the following simple discount note Round your answers

Please break down/show all work. Thank you!

Using ordinary interest, 360 days, calculate the missing information for the following simple discount note Round your answers to the nearest cent. Face Value $600 Discount Rate (%) 12.8 Date of Note Sept. 16 Term (days) 63 Bank Maturity Date Discount Proceeds Select-T Calculate the bank discount and proceeds for the following simple discount note. Use the ordinary interest method, 360 days, when applicable. Round your answers to the nearest cent. Face Value Discount Rate (%) Term Bank Discount Proceeds $225 11.0 70 days

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