Question
Marissa paid $300.84 for a printer that she purchased after receiving trade discounts of 11%, 5%, and 1%. a. What was the list price of
Marissa paid $300.84 for a printer that she purchased after receiving trade discounts of 11%, 5%, 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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Finance For IT Decision Makers
Authors: Michael Blackstaff
1st Edition
3540762329, 978-3540762324
