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Determine the single equivalent rate of discount for the discount series 22%, 10%, and 4%....

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Determine the single equivalent rate of discount for the discount series 22%, 10%, and 4%. (1 - 1) = (1 - d2) = (1-d3) = [1 - (1 - 01/1 - d2)(1 - d3)] = (rounded to four decimal places) Single Equivalent Rate of Discount = % (rounded to two decimal places) > Next

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