In order to finance furniture for an office in a new retail store, Tools for Schools signs a 140-day simple discount note with a maturity value of $19300. Find the proceeds if the discount rate is 13.5%.

When rates are expressed as a quantity of 1, such as 2 feet per second or 5 miles per hour, they are called unit rates. if you have a multiple-unit rate such as 120 students for every 3 buses, and want to find the single-unit rate, write a ratio equal to the multiple-unit rate with 1 as the second term.