Write 0.05 as a Fraction and as a Percentage

question 4

Short Answer

Write 0.05 as a fraction and as a percentage.

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Definitions:

Divorced

The legal dissolution of a marriage by a court or other competent body.

Proceeds

The total amount of money received from a sale or transaction.

Replacement Cost

The amount of money required to replace damaged or lost assets with new ones of the same or similar quality.

Coinsurance Clause

A provision in insurance policies that requires both the insurer and the insured to share the costs of claims according to a fixed percentage.