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  3. Study Set
    Practical Business Math Procedures Study Set 2
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    Exam 7: Discounts: Trade and Cash
  5. Question
    The Single Equivalent Discount Rate Is Found by Taking the Net
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The Single Equivalent Discount Rate Is Found by Taking the Net

Question 62

Question 62

True/False

The single equivalent discount rate is found by taking the net price equivalent rate and adding it to 1.

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