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2) Mary paid $200.55 for a printer that she purchased after receiving trade discounts of 9%, 7%, and 2%. a. What was the list price
2) Mary paid $200.55 for a printer that she purchased after receiving trade discounts of 9%, 7%, and 2%.
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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Corporate Finance Core Principles And Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
6th Edition
1260571122, 978-1260571127
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