Answer:
True
Step-by-step explanation:
The order of precedence in this expression is first to evaluate "Not(rate = .10)" because it contains parentheses and the "Not" operator, then to evaluate the "and" operator, and finally to evaluate the "or" operator.
"Not(rate = .10)" evaluates to True because the value of "rate" is .20, which is not equal to .10.
Next, we can evaluate "Sales >= 250 and expenses <> 500". Since "expenses" equals 500, the expression "expenses <> 500" is False. Therefore, the entire expression "Sales >= 250 and expenses <> 500" is False.
Finally, we can evaluate the "or" operator between the True value from "Not(rate = .10)" and the False value from "Sales >= 250 and expenses <> 500". The result is True, because at least one of the conditions is True.
Therefore, the statement "Sales >= 250 and expenses <> 500 or Not(rate = .10)" is True.