71 HW Saved Help Save & Exit Submit Check my work 2 Company A Company B 9/11/16/4 11/7/17/8 1 points a. Calculate the single equivalent discount rate for each company? (Do not round intermediate calculations. Round your final answers to the nearest hundredth percent.) eBook Single equivalent Print discount rate References Company A % Company B % b. Which of the following companies, A or B, gives a higher discount? Use the single equivalent discount rate to make your choice. Company A Company B