Find the discount and proceeds on the simple discount note.Face value: $5,700.00Discount rate: 11%Time (days): 30
A. Discount: $52.25
Proceeds: $5,647.75
B. Discount: $627.00
Proceeds: $5,073.00
C. Discount: $51.53
Proceeds: $5,648.47
D. Discount: $0.00
Proceeds: $5,700.00
Answer: A
Mathematics
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