Math Problem Statement

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 $4.39 trade discount rate 13/10/10

Solution

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Math Problem Analysis

Mathematical Concepts

Trade Discounts
Percentage Calculations
Net Price Factor
Single Equivalent Discount

Formulas

Net Price Factor (NPF) = (1 - Discount1) * (1 - Discount2) * (1 - Discount3)
Single Equivalent Discount (SED) = 1 - NPF
Trade Discount = List Price * SED
Net Price = List Price - Trade Discount

Theorems

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Suitable Grade Level

Grades 9-12