Write as a Percent $\frac { 6 } { 7 }$

question 135

Multiple Choice

Write as a percent.
- $\frac { 6 } { 7 }$

• A)8.6%
• B)60.0%
• C)85.7%
• D)857.1%

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Definitions:

Rental Income

Income received from renting out a property or another asset.

Property Taxes

Levies imposed by a government on a property owner, typically based on the value of the property.

Effective Rate

The actual interest rate an individual pays on a loan or earns on an investment, taking into account the effect of compounding.

Quarterly Compounding

A technique in which interest is computed and then compounded to the main amount quarterly.