Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of...

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Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 7%. Use the ordinary interest method. (Use Days in a year table.) Note: Do not round intermediate calculations. Round your final answers to the nearest cent. $ Face value (principal) Rate of interest Length of note Maturity value Date of note 50,600 8% 90 days May 13 Date note discounted June 4 Discount period days Bank discount Proceeds Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 7%. Use the ordinary interest method. (Use Days in a year table.) Note: Do not round intermediate calculations. Round your final answers to the nearest cent. $ Face value (principal) Rate of interest Length of note Maturity value Date of note 50,600 8% 90 days May 13 Date note discounted June 4 Discount period days Bank discount Proceeds