A credit card company charges 0.008% interest per day for credit. Step 1 of 2: Write this interest rate in decimal form.
Answer (2)
The interest rate of 0.008% can be converted to decimal form by dividing by 100, resulting in 0.00008. ;
To convert 0.008% to decimal form, divide by 100, resulting in 0.00008. This conversion is essential for understanding interest rates in various financial contexts. Therefore, 0.008% expressed as a decimal is 0.00008.
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