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Question - Ransford and Alda Mariano own a home recently appraised for $426,500. The balance on their existing mortgage is $113,085. If their bank is willing to loan up to 80% of the appraised value, what is the amount of credit available to them (in $)? 2.suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios listing for $9,500 with trade discounts of 25/14/8.
Required -
(a) What is the net price factor?
(b) What is the single equivalent discount?
(c) What is the amount (in dollars) of the trade discount?
(d) What is the net price (in dollars) of the order?
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