Question
Marissa paid $150.85 for a printer that she purchased after receiving trade discounts of 9%, 4%, and 1%. a. What was the list price of
Marissa paid $150.85 for a printer that she purchased after receiving trade discounts of 9%, 4%, and 1%.
a. What was the list price of the printer?
Round to the nearest cent
b. What single equivalent trade discount rate represents the series of discounts received?
%
Round to two decimal places
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Business Finance
Authors: Eddie McLaney
11th Edition
1292134402, 9781292134406
