What Is the Decimal Equivalent of the Binary Number 11000001

question 39

Multiple Choice

What is the decimal equivalent of the binary number 11000001?

• A) 128
• B) 164
• C) 193
• D) 201

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Definitions:

AGI

Short for Adjusted Gross Income; it is your gross income after adjustments and deductions, crucial for tax calculations.

Deductible IRA Contribution

A contribution to an Individual Retirement Account that can be subtracted from gross income, reducing taxable income.

Pension Plan

A retirement savings plan provided by an employer which guarantees a specified income to the employee upon retirement.

SIMPLE Plan

A Savings Incentive Match Plan for Employees that allows employees and employers to contribute to traditional IRAs set up for employees, intended for small businesses.