Convert to Decimal Notation

question 85

Multiple Choice

Convert to decimal notation.
-322%

• A) 0.322
• B) 3.22
• C) 3220
• D) 32.2

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Definitions:

Rental Property

Real estate property that is leased or rented out to tenants, generating income for the owner.

Return Requirement

The minimum expected rate of return necessary for an investment to be considered worthwhile by an investor, reflecting the risk level.

Annual Cash Flows

The total amount of money being transferred into and out of a business over the course of a year, indicative of its operational efficiency and profitability.

Ordinary Annuity

A series of equal payments made at the end of consecutive periods over a fixed length of time.