Jared is comparing the interest rates on savings accounts at several banks near his home. He chooses an account that pays 0.85% interest ann

Question

Jared is comparing the interest rates on savings accounts at several banks near his home. He chooses an account that pays 0.85% interest annually. What is 0.85% written as a decimal? (Please remember your rules for turning percents into decimals)
HEELP PLZ fast!

A

0.00085

B

0.0085

C

0.085

D

0.085

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Harper 3 months 2021-10-20T06:35:37+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-10-20T06:37:13+00:00

    Answer:

    Option “B” is the correct answer to the following question.

    Step-by-step explanation:

    Given:

    Rate of annual interest = 0.85%

    Find

    Value of 0.85% in decimal

    Computation:

    To convert any percent number into a decimal, we have to divide that number by 100.

    So,

    Value of 0.85% in decimal = \frac{0.85}{100}

    Value of 0.85% in decimal = 0.0085

    Note: We have to eliminate the percent symbol from the given number.

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