Find the Discount and Proceeds on the Simple Discount Note

Multiple Choice

Find the discount and proceeds on the simple discount note.
-Face value: $13,230.00 Discount rate: 9.5%
Time (days) : 250

A) Discount: $872.81
Proceeds: $12,357.19
B) Discount: $1,256.85
Proceeds: $11,973.15
C) Discount: $860.86
Proceeds: $12,369.14
D) Discount: $0.00
Proceeds: $13,230.00