Write 025 as a Percent $0.025 \%$ B) $2.5 \%$ C) 025 $\%$

question 54

Multiple Choice

Write 0.25 as a percent.

• A) \(0.025 \%\)
• B) \(2.5 \%\)
• C) 0.25 \(\%\)
• D) 25 \(\%\)
• E) 0.0025 \(\%\)

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Definitions:

Annuity

A financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.

Interest

The charge for borrowing money or the return on investment for lending money, typically expressed as a annual percentage rate.

Investments

Funds committed into ventures with the expectation of earning a return or profit.

Withdraw

To withdraw means to take out funds from an account, remove participation in an activity, or retract from a position or commitment.