On March 25, Helen Norton Received from a Customer a $3,200

Short Answer

On March 25, Helen Norton received from a customer a $3,200 promissory note at 12% ordinary interest for 60 days. On April 14, Helen discounted the note at the Glenside Bank at a discount rate of 15%.
A)What was the maturity date of the note?
B)What was the maturity value of the note?
C)Determine the discount period.
D)What proceeds did Helen receive on April 14?