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The rate in the interest formula is given as a percentage, but it must be changed to a
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The rate in the interest formula is given as a percentage, but it must be changed to a

User Tomjung
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a decimal. to do this you just take the percent, ex- 20%, and multiply it but .01 or move the decimal 2 spots to the left. 20%=.2
User Arthur Facredyn
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