Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 9%. Use the ordinary interest method. (Use days in a year table.) Note: Do not round intermediate calculations. Round your final answers to the nearest cent.
Face value (principal): $21,400
Rate of interest: 10%
Length of note: 55 days
Maturity value:
Date of note: October 15
Date of note discount: November 18
Discount period:
Bank discount:
Proceeds: