Question
Hackett Roofing Company is purchasing cedar shingles to reroof a house. The shingles have a list price of $11,800. The Kalman Roofing Supply gives Hackett
Hackett Roofing Company is purchasing cedar shingles to reroof a house. The shingles have a list price of $11,800. The Kalman Roofing Supply gives Hackett the normal trade discount of 30%. In addition, Kalman gives Hackett two further trade discounts of 20% and 15% because of the large volume of business that the company has done with Kalman so far this year. What is Hackett's net price on the order of cedar shingles? Use either the discount method or the complement method. Do not round intermediate computations. Round your final answer to the nearest cent.
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