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Calculate the Net Price Factor and Net Price Using the Complement

Question 114

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Calculate the net price factor and net price using the complement method, rounding to the nearest cent:  List Price  Trade Discount Rate  Net Price Factor  Net Price $1,046.2016.6%\begin{array} { l l l l } \text { List Price } & \text { Trade Discount Rate } & \text { Net Price Factor } & \text { Net Price } \\\$ 1,046.20 & 16.6 \%\end{array}

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