$
Amount Due at Maturity
6,000.00
Discount Rate
3.50%
1. Calculate the bank discount:
2. Calculate the proceeds:
Time
160
Ordinary Interest
360
Required:
Using the information above please answer the following:
Note: Use cells A2 to D3 from the given information to complete this question.

Amount Due at Maturity 600000 Discount Rate 350 1 Calculate the bank discount 2 Calculate the proceeds Time 160 Ordinary Interest 360 Required Using the inform class=