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If a bank offers a loan with 4.8% interest, What is the interest rate as a decimal?

If a bank offers a loan with 4.8% interest, What is the interest rate as a decimal?
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If a bank offers a loan with 4.8% interest, What is the interest rate as a decimal?

User Ryan Doom
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2 Answers

2 votes
The interest rate as a decimal would be 0.048
User AChampion
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8.3k points
4 votes

Answer:

22,535.72

Explanation:

User Md Shafiul Islam
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