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    What Single Discount Rate Is Equivalent to Multiple Discounts of 20
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What Single Discount Rate Is Equivalent to Multiple Discounts of 20

Question 222

Question 222

Multiple Choice

What single discount rate is equivalent to multiple discounts of 20%, 5%, 2%?


A) 25.52%
B) 27%
C) 63%
D) 74.48%
E) 23.97%

Correct Answer:

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