What Would Be the Value of DiscountRate After the Following

question 35

Multiple Choice

What would be the value of discountRate after the following statements are executed?
double discountRate = 0.0;
Int purchase = 1250;
If (purchase > 1000)
DiscountRate = .05;
If (purchase > 750)
DiscountRate = .03;
If (purchase > 500)
DiscountRate = .01;
Else
DiscountRate = 0;

• A) .05
• B) .03
• C) .01
• D) 0

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Definitions:

Financial Payments

Transactions involving the transfer of money or other monetary instruments from one party to another as compensation or for acquiring goods or services.

Immigration Effects

The impact of immigration on the economy, labor markets, and demographics of a country.

Average Wage Rate

The mean hourly rate of pay for workers in a specific region or sector, calculated by dividing total wages by the number of workers.

Domestic Output

The total value of all goods and services produced within a country's borders within a specific time period, typically measured as Gross Domestic Product (GDP).