John, Paul, and George are having a disagreement over interest rates. John says that 6 3/4% can
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John says that 6 3/4% can be expressed as 6.75%. George thinks that 6 3/4% can be expressed as 0.0675. Paul remembers converting percents to equivalent decimals and thinks it can be expressed as 0.0675%. Who is correct, and who is incorrect? Explain.
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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