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Question 3 [6 points] An invoice shows a listed price of $1,372 and it also shows multiple trade discounts of 40%, 35%, and 10%. a)

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Question 3 [6 points] An invoice shows a listed price of $1,372 and it also shows multiple trade discounts of 40%, 35%, and 10%. a) What is the net price? For full marks your answer(s) should be rounded to the nearest cent. Net Price = $ 0.00 b) What single rate of trade discount would be equivalent to the discount rate? Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56% Single discount rate = 0.00 %

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