Question: Rex Corporation accepted a ( $ 1 1 , 5 0 0 , 6 % , 1 2 0 ) -

Rex Corporation accepted a \(\$ 11,500,6\%,120\)-day note dated August 8 from Regis Company in settlement of a past bill. On October 11, Rex discounted the note at Park Bank at 7\%.(Use Days in a year table.) a. What is the note's maturity value? (Use 360 days a year. Do not round intermediate calculations. Round your final answer to the nearest cent.) Maturity value b. What is the discount period? Discount period days c. What is the bank discount? (Use 360 days a year. Do not round intermediate calculations. Round your final answer to the nearest cent.)
Rex Corporation accepted a \ ( \ $ 1 1 , 5 0 0 ,

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