Using ordinary Interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.)
\begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|}
\hline \begin{tabular}{l}
Face \\
Value
\end{tabular} & \begin{tabular}{l}
Discount \\
Rate (\%)
\end{tabular} & Date of Note & \[
\begin{array}{l}
\text { Term } \\
\text { (days) }
\end{array}
\] & \multicolumn{5}{|c|}{Maturity Date} & \multicolumn{3}{|r|}{Bank Discount (in \$)} & \multicolumn{3}{|c|}{Proceeds (in \$)} \\
\hline \$18,700 & 10 & June 9 & 70 & July & \( \checkmark \) & \( \times \) & 17 & \( x \) & \$ & 363.61 & \( \checkmark \) & \$ & 18336.39 & \( \checkmark \) \\
\hline
\end{tabular}
Submt Answer