The equivalent single rate of discount for
a series of three discounts
is 26.92% . The first two discount rates are 12% and 9% . What is the third rate of discount (to two decimal places)?
Third Discount Rate =
%
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Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4)
Enter DNE for Does Not Exist, oo for Infinity