Convert the Given Interest Rate to Decimal Form If It

question 72

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.
-0.05 to percent

• A) 0.0005%
• B) 50%
• C) 0.05%
• D) 5%

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Definitions:

Historical Cost

The original monetary value of an asset as it appears in the financial records, not adjusted for inflation or changes in value.

Subsequent Carrying

The process of recording or managing an asset on the balance sheet after its initial recognition, reflecting any changes in value.

Employees' Lounge

A designated area within a workplace set aside for employees to relax, take breaks, and socialize, often equipped with amenities for comfort or entertainment.

HVAC System

A technology of indoor and vehicular environmental comfort that stands for Heating, Ventilation, and Air Conditioning, used to provide thermal comfort and acceptable indoor air quality.