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Convert the given decimal form of an interest rate to a percentage. 0.71 \( 0.71=\square \% \)

Ask by Bowen Carroll. in the United States
Jan 22,2025

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\( 0.71 = 71\% \)

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Bonus Knowledge

To convert the decimal form of an interest rate to a percentage, simply multiply the decimal by 100. So, for 0.71, you do \( 0.71 \times 100 = 71 \). Therefore, \( 0.71 = 71\% \). Here's a fun fact: percentages are literally just a way of expressing numbers as "per hundred," making them an easy way to communicate rates and proportions. And remember, if you ever forget how to convert from decimal to percentage, just think of it as moving the decimal point two places to the right!

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