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A wholesaler listed a food additive for $40.00 per kg. Last winter, he offered 22.00% and 14.00% discounts to a retailer. Round your answer to

A wholesaler listed a food additive for $40.00 per kg. Last winter, he offered 22.00% and 14.00% discounts to a retailer. Round your answer to 2 decimal places.

a. Calculate the net price to the retailer. (Round to the nearest cent)

b. Calculate the single equivalent discount rate. (Round to two decimal places)

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