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Determine the single equivalent rate of discount for the discount series 24%, 14%, and 4%. (1 - dz) = (1 - dy) = - (1
Determine the single equivalent rate of discount for the discount series 24%, 14%, and 4%. (1 - dz) = (1 - dy) = - (1 - del (rounded to four decimal places) [1 - (1 - d.) (1 - d2)(1 - dz)] = % (rounded to two decimal places) Single Equivalent Rate of Discount =
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