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The price for a bike after two successive discounts of 28% and 17% is $209.16. 1. What is the single equivalent rate of discount? %
The price for a bike after two successive discounts of 28% and 17% is $209.16. 1. What is the single equivalent rate of discount? % (rounded to two decimal places) 2. What is the price of the bike before the two discounts? Price =$ (rounded to the nearest dollar) Step by Step Solution
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
