Explanation Procedure used: “ Converting fractional percent’s to decimals : Step 1: convert a single fractional percent to its decimal equivalent by dividing the numerator by the denominator. If necessary, round the answer. Step 2: If fractional percent is combined with a whole number (mixed fractional percent), convert the fractional percent first. Then combine the whole number and the fractional percent. Step 3: Drop the percent symbol; move the decimal point two places to the left (this divides the number by 100).” Calculation: It is given that, the percent of their return on investment is 7 1 2 % To determine The fractional form of their return on investment.

12th Edition

ISBN: 9781259540554

Author: Jeffrey Slater, Sharon Wittry

Publisher: McGraw-Hill Education

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Chapter 6.1, Problem 12AH

To determine

The decimal form of their return on investment.

To determine

The fractional form of their return on investment.

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Chapter 6.1, Problem 11AH

Chapter 6.2, Problem 1PQ

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