What Would Be the Value of DiscountRate After the Following

question 6

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:

Amounts

Quantities or sums of money.

Cash Balance

The amount of cash or cash equivalents that a company or individual has readily available.

Market Rate Of Return

The average rate of return on investment that is expected by investors in the market, typically based on historical data.

Replenishes

Refers to the process of filling up or restoring inventory or supplies to their optimal levels.