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If you wish to calculate the interest on an investment with a rate of 6.17%, what number will you plug into your equation? a. 0.00617 b. 0.0617 c. 0.617 d. 6.17

If you wish to calculate the interest on an investment with a rate of 6.17%, what number will you plug into your equation? a. 0.00617 b. 0.0617 c. 0.617 d. 6.17
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If you wish to calculate the interest on an investment with a rate of 6.17%, what number will you plug into your equation? a. 0.00617 b. 0.0617 c. 0.617 d. 6.17

User Cutebunny
by
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2 Answers

7 votes

Answer: B

Explanation:

User Maurice Lim
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8.9k points
3 votes
I think it’s answer B. Because % to decimal is 6.14% divided by 100 so the decimal would move to the left two places which in 0.0614

I now completely sure but I think that’s right
User Thomas Kirchhoff
by
7.2k points
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