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awatt4boys awatt4boys
  • 10-11-2015
  • Business
Answered

The tax rate of $.0984 in decimal can be expressed as how many mills? A. 9,840 B. 98.4 C. 90.84 D. 9.84

Verified Answer :

WorldCitizen WorldCitizen
  • 23-11-2015

one mill is one thousandth of a currency unit, or 0.001$.

So 0.984 in mills means we have to divide 0.0984 by 0.001 (which means moving the period to the right here): so it would be 98.4 mills (answer B)

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