Write 5.5% as a Decimal

question 83

Multiple Choice

Write 5.5% as a decimal.

• A) 55
• B) 0.055
• C) 5.5
• D) 0.55
• E) 550

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Definitions:

FUTA Tax

Federal Unemployment Tax Act tax, a payroll or employment tax paid by employers to fund state workforce agencies.

Withholding Allowances

A specified number on an employee's W-4 form that reduces the amount of money withheld from their paycheck for taxes.

Semimonthly Payroll

A payroll schedule where employees receive their wages twice a month, often on predetermined dates.

Marital Status

A legal term that identifies an individual's formal relationship status, such as single, married, divorced, or widowed.