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Determine the single equivalent rate of discount for the discount series 17%, 11%, and 7%. (1-d1) = (1 - 2) = (1 - d3) =
Determine the single equivalent rate of discount for the discount series 17%, 11%, and 7%. (1-d1) = (1 - 2) = (1 - d3) = [1 - (1 - 1)(1 - d2X1 - d3)] = (rounded to four decimal places) Single Equivalent Rate of Discount = % (rounded to two decimal places) > Next
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