Find the maturity date and proceeds. Round to the nearest cent.Face value: $28,223Discount rate: 11.5%Date made: April 29Time: 90 daysMaturity date:
Proceeds: 
A. Maturity date: July 29
Proceeds: $27,411.59
B. Maturity date: July 28
Proceeds: $27,422.70
C. Maturity date: July 28
Proceeds: $27,411.59
D. Maturity date: July 29
Proceeds: $27,422.70
Answer: C
Mathematics
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