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Question 4 (2 points) Listen A manufacturer offers a 27% trade discount, a 8% volume discount, and a 4% earlyorder discount to its regional wholesalers.
Question 4 (2 points)\ Listen\ A manufacturer offers a
27%
trade discount, a
8%
volume discount, and a
4%
earlyorder discount to its regional wholesalers.\ a. What is the single discount rate that is equivalent to all three discounts offered? (Express answer as a percentage, rounded to two decimal places. i.e.
34.56%
)\ A\ b. Using your answer from (a) what is the net price of a product listed for
$125.50
? (Round answer to two decimal places.)\ A
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