What value is assigned to decTaxes by the following program segment, assuming that the user enters 30000 into the textbox txtSalary.Text?
Dim decSalary, decTaxes As Decimal
DecSalary = CDec(txtSalary.Text)
If (decSalary > 50000) Then
DecTaxes = .40 * decSalary
ElseIf (sngSalary > 40000) Then
DecTaxes = .30 * decSalary
ElseIf (sngSalary > 30000) Then
DecTaxes = .20 * decSalary
Else
DecTaxes = .10 * decSalary
End If

Question

Quizplus · Accepted Answer

Since the salary entered is 30000, it does not meet any of the conditions for higher tax brackets and falls into the "Else" category, which assigns decTaxes as .10 * decSalary, resulting in 3000.

What Value Is Assigned to DecTaxes by the Following Program