math
posted by vernell .
what would 51/2% be the tax rate expressed as a decimal

0.055
Respond to this Question
Similar Questions

Tax
Anyone knows what's the tax rate in Minnesota? 
Finance
Calculate die aftertax cost of debt under each of the following conditions: a. Interest rate of 13%, tax rate of 0% b. Interest rate of 13%, tax rate of 20% c. Interest rate of 13%, tax rate of 35% 
accounting please help
Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of $8,288. The FICA tax rate for social security is 6.2% and the FICA tax rate for Medicare is 1.45%. The FUTA tax rate is 0.8%, and the … 
C++
Write a complete, working program that will do the following: Suppose you want to write a program to calculate the total cost of an item that has sales tax added. If a given item costs 14.97, and the tax rate is 6.7%, display the following … 
Math
1. An assessment rate is 47%. The property tax is $39.94 per $1,000. What is the effective tax rate? 
Taxtation
Another client, Ms. Dunham, has asked you to help her understand how her tax is computed. You need to provide Ms. Dunham with the following: An example of how to calculate the tax liability using the tax rate table and the tax rate … 
math
Compute the hurdle rate above based on the following.1. Note payable bank $2,000,000.00 with rate of 7.5%, The company has a tax rate of 30%.2. Bank Mortgage Loan $1,000,000.00 with rate of 6% The company has a tax rate of 30%.3. Preferred … 
Math
Seven and one half percent is equivalent to the decimal number 0.075. If the sales tax rate is 7.50 what is the sales tax on a $10.00 purchase? 
Math Tax Rates/Percents
Calculate the tax for each given rate. Select the rates with tax greater than $3. $45: Tax 7% $80: Tax 2.9% $66: Tax 10% $29: Tax 11% $55: Tax 4.5% My answers: The first one The third one The fourth one Am I correct? 
math
If 6/7 is expressed as an infinite decimal, what digit would be in the 327th decimal place?