Question: Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.) Face Value Discount Rate

Using ordinary interest, 360 days, calculate the missing information for the simple

Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.) Face Value Discount Rate (%) Date of Term Note (days) Maturity Date Bank Discount (in $) Proceeds (in $) $74,000 5 May 2 52 ---Select-- 0 $ 536.11 x $

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