A 6%, 110-days note dated 31 August 2019 has a maturity value of RM4, XXXXXXXXXXOn 12 th October 2019, the note is discounted and the proceeds received are RM4, XXXXXXXXXXFind: The face value of the...

A 6%, 110-days note dated 31 August 2019 has a maturity value of RM4,073.33. On 12^th
October 2019, the note is discounted and the proceeds received are RM4,019.47. Find:

1. 
   
   
   
   1. The face value of the note
   
   
   2. The bank discount rate that is charged when the note is discounted.