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    Compute net price of a washing machine after all discounts

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    Your firm sales home appliances at retail. When ordering washing machines from the manufacturer, you notice the following terms listed in the catalog:

    List price $400
    Trade discounts 25/15/5

    If you take advantage of all trade discounts, find the net price you will pay for the washing machine.

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    Solution Summary

    This solution helps compute net price of a washing machine after all discounts.