Find the discount and proceeds on the simple discount note.Face value: $13,230.00Discount rate: 9.5%Time (days): 250
A. Discount: $1,256.85
Proceeds: $11,973.15
B. Discount: $0.00
Proceeds: $13,230.00
C. Discount: $860.86
Proceeds: $12,369.14
D. Discount: $872.81
Proceeds: $12,357.19
Answer: D
Mathematics
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