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    What Single Rate of Discount Would Be Equivalent to a Series
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What Single Rate of Discount Would Be Equivalent to a Series

Question 215

Question 215

Multiple Choice

What single rate of discount would be equivalent to a series of 15% / 8% / 4%?


A) 48.0%
B) 27.0%
C) 24.9%
D) 9.99%
E) 21.4%

Correct Answer:

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