170% converted to a fraction equals: O 170/1000. O 17/10. O 70/100. O 7/10. O None of these. Amount of trade discount is represented by the: O Base O Rate or percent O Portion or Part O Base divided by rate O None of these D The single equivalent discount (in decimal form) of the trade discount 5/4/1 is: 0.09712 0.90288 0.00002 0.99998 O None of these
170% converted to a fraction equals: O 170/1000. O 17/10. O 70/100. O 7/10. O None of these. Amount of trade discount is represented by the: O Base O Rate or percent O Portion or Part O Base divided by rate O None of these D The single equivalent discount (in decimal form) of the trade discount 5/4/1 is: 0.09712 0.90288 0.00002 0.99998 O None of these
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Answers

Transcribed Image Text:170% converted to a fraction equals:
O 170/1000.
O 17/10.
O 70/100.
O 7/10.
O None of these.
Amount of trade discount is represented by the:
O Base
O Rate or percent
O Portion or Part
O Base divided by rate
O None of these
D
The single equivalent discount (in decimal form) of the trade discount 5/4/1 is:
0.09712
0.90288
0.00002
0.99998
O None of these
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