Calculate the Net Price Factor and Net Price Using the Complement

Short Answer

Calculate the net price factor and net price using the complement method, rounding to the nearest cent: $$\begin{array} { l l l l } \text { List Price } & \text { Trade Discount Rate } & \text { Net Price Factor } & \text { Net Price } \\\$ 18.36 & 85 / 8 \%\end{array}$$