Word Problem $11-8($Algo$)[$LU $11-1(3)]$

Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both had the same terms: $$17,600$ at $7\%$ for $3$ years. Use ordinary interest as needed.Word Problem $11-8($Algo$)[$LU $11-1(3)]$Word Problem $11-8($Algo$)[$LU $11-1(3)]$

Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both had

the same terms: $$17,600$ at $7\%$ for $3$ years. Use ordinary interest as needed.

a$.$ Calculate the simple interest note proceeds.

Answer is complete but not entirely correct.

b$.$ Calculate the simple discount note proceeds.

Answer is complete and correct.