Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - Chapter Summary, Review, and Test - Review Exercises: 12

Answer

$\frac{1}{4}\% = 0.0025$

Work Step by Step

Note that $\frac{1}{4} = 0.25$. Thus, the given expression is equivalent to $=0.25\%$ To convert a percent to a decimal, perform the following steps: (1) Move the decimal point two places to the left. (2) Remove the percent symbol. Thus, the decimal equivalent of the given percent is: $\frac{1}{4}\% = 0.0025$
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