A 90-Day Promissory Note with Face Value $5000,has a Maturity

Multiple Choice

A 90-day promissory note with face value $5000,has a maturity value of $5127.40.After 30-days,it is sold to a bank that charges a simple discount rate of d = 10%.What rate of simple interest did the original owner of the note earn?

A) 9.47%
B) 9.83%
C) 10.49%
D) 10.82%