An item that had a list price of $1,573 was subject to trade discounts of 17%, 11% and 9%. What is the single equivalent discount rate (SEDR) that is equal to the discount series? Do not include thepercent symbol and round your answer to 2 decimal places.«< Question 7 of 10 >A Moving to another question will save this response.

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Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter7: Applying Fractions

Section7.6: Percents Problems

Problem 9ST

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An item that had a list price of $1,573 was subject to trade discounts of 17%, 11% and 9%. What is the single equivalent discount rate (SEDR) that is equal to the discount series? Do not include the percent symbol and round your answer to 2 decimal places.