Company A	Company B
14/15/20/9	15/7/21/5

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.

	Company B
	Company A