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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

User Chekmare
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1 Answer

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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)