Points$]$

Sarah signed a note promising to pay Ben $$260$ in $13$ months with simple interest at $9\%.$ Then, $2$ months before the note comes due, Ben sells the note to V$.$ Harmless who discounts the note based on $12\%$ simple interest.

$($a$)$ State the maturity value of the note. $$

$($b$)$ State the amount V$.$ Harmless paid Ben for the note.

$ $$

$($c$)$ State, as a percent, the simple interest rate Ben actually earned on the note for the time that he held it$.$

$\%$

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