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Interest rates have risen by 1/4%. Which decimal is equivalent to 1/4%?

Interest rates have risen by 1/4%. Which decimal is equivalent to 1/4%?
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Interest rates have risen by 1/4%. Which decimal is equivalent to 1/4%?

User Reptildarat
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1/4% is the same as .25%. To change a percentage to a decimal, move the decimal place up two. The answer is .0025
User Glenford
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