Divide Round Your Answer to the Nearest Hundredth $75.56 \div 87.8$

question 82

Multiple Choice

Divide. Round your answer to the nearest hundredth. $75.56 \div 87.8$

• A) 0.95
• B) 0.87
• C) 0.75
• D) 0.86
• E) 0.85

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Definitions:

Credit

The right side of an account.

Journal Entry

A record in accounting that captures the financial transactions of a business, showing debits and credits for each transaction.

Coupon Rate

Each year, the interest yield on a bond is expressed as a percentage of its nominal value.

Market Rate of Interest

The prevailing rate at which borrowers and lenders agree to transact, influenced by various economic factors.