What Would Be the Value of DiscountRate After the Following

question 54

Multiple Choice

What would be the value of discountRate after the following statements are executed?
Double discountRate = 0.0;
Int purchase = 100;
If (purchase > 1000)
DiscountRate = .05;
Else if (purchase > 750)
DiscountRate = .03;
Else if (purchase > 500)
DiscountRate = .01;

• A) .05
• B) .03
• C) .01
• D) 0.0

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Definitions:

Workers' Compensation

Insurance providing wage replacement and medical benefits to employees injured in the course of employment.

Gross Payroll

Gross payroll represents the total amount of money a business owes to its employees before any deductions, such as taxes and other withholdings, are made.

Injury

Physical harm or damage to a person's body, often resulting from accidents or violence.

FICA-OASDI

The Social Security portion of the Federal Insurance Contributions Act tax, used to fund the Social Security program in the United States.