Question

Please Help!!

Victoria's saving account has a monthly interest rate of 1/4%. Write a fraction equivalent to 1/4%.

Answer 1

top : 1/4% = 1/4 ÷ 100 = 1/4 x 1/100 = 1/400

bottom : 1/4% = 0.25% = .25/100 = 25/10000 = .0025