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A local business is purchasing new computers for all their employees. The business is offered the following series discounts: 45% bulk purchase discount 20% local

A local business is purchasing new computers for all their employees. The business is offered the following series discounts: 

45% bulk purchase discount 

20% local business discount . 

The price of the laptops before the discounts is $545,350. 


What is the reduced selling price of the equipment after both discounts?

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