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The net price of an item after trade discounts of 32.00%, 11.00%, and 4.00% is $3,160.00. a. Calculate the regular selling price of the goods.

The net price of an item after trade discounts of 32.00%, 11.00%, and 4.00% is $3,160.00.

a. Calculate the regular selling price of the goods.

Round to the nearest cent

b. Calculate the equivalent discount rate of the series of discount rates.

Round to two decimal places

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