Amy has a 10% interest bearing note dated 3 March 2020. The term of the note is 120 days.
On 15 May 2020, she discounts the note at 8%. If the proceeds received amounted to
RM15392.54.
i. The maturity date of the note.
ii. The maturity value of the note.
iii. The bank discount amount
iv. The face value of the note
v. The amount of interest Amy receives.
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