Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Calculate the trade discount and net price (in $) to the nearest cent.
List Price | Trade Discount Rate | Trade Discount | Net Price |
---|---|---|---|
$21.39 | 18% |
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- BUS 038 : Business Computatns5. You buy goods at a list price of $820. If you receive a trade discount of 25% and terms are “2/15, n/30,” what amount must you pay if you pay within the discount period?arrow_forwardFind the net price. List Price Rate of Discount (20) $60.10 20% (21) $135 18% (22) $240.35 12.5% (23) $475.25 27% (24) $69.98 34.7% (25) $299.95 25% (26) $798.50 22.5% (27) $2,376.75 20% (28) $45,850 16-% Co aro nages ? 3. and 4arrow_forwardAn item that had a list price of $1446 was subject to trade What is the single discounts of 13%, 11% and 9%. equivalent discount rate (SEDR) that is equal to the discount series? Do not include the percent symbol and round your answer to 2 decimal places.arrow_forward
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