The maturity value is

$

(Round to the nearest cent as needed.)

The discount period is

days.

The discount is

$.

(Round to the nearest cent as needed.)

The proceeds are

$

(Round to the nearest cent as needed.)

Find the maturity value, discount period, discount, and proceeds for a promissory note that is discounted at 14% Use banker's interest of 360 days Rate % Loan Made on May 18 Face Value $5000 Length of Loan (Days) 160 Date of Discount Sept 10 13 Click the icon to view the Number of Each of the Days of the Year table The maturity value is $ (Round to the nearest cent as needed) The discount period is days The discount is $ (Round to the nearest cent as needed Enter your answer in each of the answer boxes