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: 2

Answer

$12.5\%$

Work Step by Step

Divide 1 by 8 to obtain $0.125$. Multiply the quotient by $100$ and then attach the percent sign to obtain: $=(0.125 \times 100)\% \\=12.5\%$
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