Question

When we use the rate amount in an interest formula, we need to convert it to its decimal form. We can do that by dividing by 100 or by moving the decimal point 2 places to the left.

Example 1: 2% = 0.02

Example 2: 4.5% = 0.045
what is 8.7 in decimal form?

Answer 1

To convert 8.7% to its decimal form, you can divide by 100 or move the decimal point two places to the left.

So, 8.7% = 8.7 / 100 = 0.087.

Therefore, 8.7% in decimal form is 0.087.