The tax rate of $.0984 in decimal can be expressed as how many mills?
A) 9.84
B) 90.84
C) 98.4
D) 9,840
E) None of these

Question

Quizplus · Accepted Answer

To convert a decimal to mills, we need to multiply by 1,000. So, $.0984 * 1,000 = 98.4 mills. Choice A is incorrect because it is not in mill format. Choice B is incorrect because it includes an extra digit before the decimal point. Choice D is incorrect because it includes a comma, which is not used in mill format. Choice E is incorrect because there is a correct answer, C.

The Tax Rate of