The net price to a car dealer of a model with a manufacturers list price of $34,900

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The net price to a car dealer of a model with a manufacturer’s list price of $34,900 is $28,687.80. What trade discount rate is the dealer being given? Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...
Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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