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

Using ordinary interest, 360 days, calculate the

Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.) Face Discount Date of Bank Discount Proceeds Value Rate (4) Note (days) Date $700 12.5 Sept. 6 -Select- Term Maturity 107 Need Help? Red

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