Convert the Given Interest Rate to Decimal Form If It

question 2

Multiple Choice

Convert the given interest rate to decimal form if it is given as a percentage, and to a percentage if it is given in decimal
form.
-11.6% to decimal

• A) 11.6
• B) 116
• C) 0.116
• D) 0.00116

---

Definitions:

Sole Proprietorship

A business structure where a single individual owns and runs the business, enjoying full control and responsibility for its debts and liabilities.

Partnership

A lawful business structure involving two or more people who manage and profit together.

Manufacturing Franchise

A type of franchise agreement granting the right to manufacture and sell goods using the franchisor's trademark and business model.

Exclusive Territory

A specific geographic area granted to a retailer, distributor, or franchisee in which they are the only ones allowed to sell certain products or services.