Find the maturity date and proceeds. Round to the nearest cent.
-Face value: $8,207 Discount rate: 12%
Date made: June 28
Time: 90 days
Maturity date: 
Proceeds: 
A) Maturity date: September 28
Proceeds: $5,778.63
B) Maturity date: September 28
Proceeds: $7,960.79
C) Maturity date: September 26
Proceeds: $5,778.63
D) Maturity date: September 26
Proceeds: $7,960.79
Correct Answer:
Verified
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