Find the discount and proceeds on the simple discount note. Round to the nearest cent.Maturity value: $6700.00Discount rate: 11%Time (days): 150
A. Discount: $307.08
Proceeds: $6392.92
B. Discount: $302.88
Proceeds: $6397.12
C. Discount: $0.00
Proceeds: $6700.00
D. Discount: $737.00
Proceeds: $5963.00
Answer: A
Mathematics
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