Determine the single equivalent rate of discount for the discount series 23%, 14%, and 4%. (1 - d₁) = (1 - d₂) = (1 - d₃) = d_e= 1 - [(1 - d₁)(1 - d₂)(1 - d₃)] = (rounded to four decimal places) Single Equivalent Rate of Discount = % (rounded to two decimal places)