Determine the Equivalent Single Rate of Discount for Each of the Following

question 116

Essay

Determine the equivalent single rate of discount for each of the following series of discounts.
a)18 %,4.5%
b)36%,7 %,1.5%

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Definitions:

Breach Of Contract

A violation of any agreed-upon terms and conditions in a binding contract.

Cashier's Check

A check guaranteed by a bank, drawn on the bank's own funds and signed by a cashier.

Service Fee

A charge added to a customer's bill for the provision of a service, which might cover operational costs or service delivery.

Forges

The act of creating counterfeit copies of documents, art, or other items with the intent to deceive; also refers to workshops equipped with a forge for metalworking.