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Rewrite the Number or Expression as Requested 8.8591058.859 \cdot 10 ^ { - 5 }

question 89

Multiple Choice

Rewrite the number or expression as requested.
- 8.8591058.859 \cdot 10 ^ { - 5 } (Rewrite as a standard numeral.)


Definitions:

Effective Rate

The Effective Rate is another term for the Effective Annual Rate, highlighting the true return on an investment or the true interest rate on a loan, after compounding.

Unpaid Balance

The portion of a loan or debt that has not yet been repaid to the lender.

Department Store

A large retail establishment that sells a wide variety of goods in various departments within the same building.

Effective Rate

The actual interest rate an investor receives after taking into consideration compounding.

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