Convert the Given Interest Rate to Decimal Form If It

question 31

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 decimal

• A) 0.5
• B) 5.0
• C) 0.0005
• D) 0.05

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Definitions:

Non-inventory Item

A non-inventory item is a type of product or service that a business sells or buys but does not track as part of its inventory.

Specific Customer Job

A particular project or task undertaken for a specific client, often used in the context of billing or project management.

Vendor Transaction

A financial operation involving a business and a vendor, typically regarding procurement of goods or services.

Receive Bills

A function in accounting software that allows a business to record and track bills received from suppliers before payment is made.