Question 13<The price for a bike after two successive discounts of 28% and 13% is $234.90.>1. What is the single equivalent rate of discount?places)Price = $2. What is the price of the bike before the two discounts?> Next Question(rounded to the nearest dollar)% (rounded to two decimal

Discounts are generally offered in order to boost sales of the business organisation. It can be cash…

Answered: ● Question 13 ▼ The price for a bike…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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A = $ The amount of interest earned on A is $600, while the equivalent discount on A is $475. Find A.
Calculate the net price factor and single equivalent discount. For convenience, round your answers to five decimal places when necessary. Trade Discount Rate: 20/15/14 Net Price Factor:? Single Equivalent Discount:?
Calculate the net price factor and single equivalent discount. For convenience, round your answers to five decimal places when necessary. Trade Single Equivalent Discount Net Price Discount Factor Rate 30/6/6 0.6152 38.148
M An electric drill is listed for $507.92 less 27%, 19%, 2%. (a) What is the net price? (b) What is the total amount of discount allowed? (c) What is the exact single rate of discount that was allowed? (a) The net price is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Calculate the net price factor ( as a % ) and net price ( in $ ) by using the complement method, round your answer to the nearest cent. List price is $1,244.25 Trade discount is 45.9% What is the Net Price Factor and what is the Net price ?
Calculate the trade discount (in $). Round your answer to the nearest cent.
Directions. Table Completion: Show your solution. 10 points LIST PRICE TRADE DISCOUNT DISCOUNT RATE NET PRICE P11,120.04 P1,850.50 P3,090.13 8.5% P501.25 P27,498.75
A BBQ grill is listed for $520.75 less 10%, 5%, 2%. What is the net price? What is the total amount of discount allowed? What is the exact single rate of discount allowed?
Complete the following table by finding the net price factor, single equivalent discount, trade discount (in dollars), and net price (in dollars). Round the net price factor and single equivalent discount to five decimal places, and the trade discount and net price to the nearest cent, when necessary List Price $650.00 Trade Discount Rate 33/15/5 Need Help? Plaadit Net Price Factor Single Equivalent Discount Trade Discount Net Price
Answer the following questions including the one on the image provided 2. What is the present values of Team's Offer using a 14 percent discount rate? (Round answer to 2 decimal places, e.g. 15.25.) 3.What is the present values of Counteroffer using a 14 percent discount rate? (Round answer to 2 decimal places, e.g. 15.25.) 4. Which of the three contacts has the highest present value?
a. If the present value of $153 is $139, what is the discount factor? (Round your answer to 4 decimal places.) Discount Factor 0.9084 b. If that $153 is received in year 5, what is the interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Interest rate %
List price is $450.70. The trade discount rate is 31/15/5. What is the single equivalent discount? What is the trade discount? What is the net price? Round the net price factor and single equivalent discount five decimal places, and the trade discount and net price to the nearest cent when necc

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