Question Number 18450 by aalieff last updated on 21/Jul/17
$${A}\:\$\mathrm{4000}\:{note}\:{is}\:{signed},\:{for}\:\mathrm{30}\:{days} \\ $$$${at}\:{a}\:{discount}\:{rate}\:{of}\:\mathrm{12\%}.\:{Find}\:{the} \\ $$$${proceeds}. \\ $$$$ \\ $$$${I}'{m}\:{not}\:{sure}\:{whether}\:{the}\:\$\mathrm{4000}\:{is} \\ $$$${bank}\:{discount},\:{principal}\:{or}\:{maturity}\:{value}. \\ $$$$ \\ $$$${Please}\:{help}\:{me} \\ $$