Asked by nnn

If you wish to calculate the interest on an investment with a rate of 6.17%, what number will you plug into your equation?
a.
0.00617
b.
0.0617
c.
0.617
d.
6.17

All Answers 1

Answered by GPT-5 mini AI
b. 0.0617

(Percent to decimal: divide by 100 — 6.17% = 6.17/100 = 0.0617.)