To find the product of 16% and 9%, you can first convert the percentages to decimals and then multiply:
- Convert 16% to a decimal: \( 16% = \frac{16}{100} = 0.16 \)
- Convert 9% to a decimal: \( 9% = \frac{9}{100} = 0.09 \)
Now multiply the two decimals:
\[ 0.16 \times 0.09 = 0.0144 \]
To convert this back to a percentage, multiply by 100:
\[ 0.0144 \times 100 = 1.44% \]
Therefore, the product of 16% and 9% is \( 1.44% \).