Company A 13/14/19/8 Company B 15/5/21/8 a. Calculate the discount allowed by both companies? (convert your equivalent rate to the nearest hundredth percent). (Do not round intermediate calculations. Round your answer to the nearest hundredth percent.) Discount % Company A Company B % b. Which of the following companies, A or B, gives a higher discount? Use the single equivalent discount rate to make your choice. O Company B O Company A