Determine the Answer to the Following Equation with Correct Number

question 67

Multiple Choice

Determine the answer to the following equation with correct number of significant figures: (4.123 × 0.12) + 24.2 = ________

• A)25
• B)24.695
• C)24.70
• D)24.7
• E)none of the above

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Definitions:

Sales Taxes

Taxes imposed by governmental entities on sales of goods and services, typically collected at the point of sale from the consumer.

Regressive

Referring to a tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower-income earners.

Progressive

Pertaining to political, social, or economic beliefs favoring or promoting changes, reforms, or innovations.

Personal Taxes

Taxes levied on individuals based on their income, wealth, or property ownership, affecting disposable income and purchasing power.