Express the Following "Generic" Number in Standard Notation

question 63

Multiple Choice

Express the following "generic" number in standard notation.    X.XX × 10⁴

• A)0.000XXX
• B)XX,X00
• C)X,XX0
• D)0.00XXX

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Definitions:

Store of Value

An asset, commodity, or currency that retains its value over time, allowing it to be saved, retrieved, and exchanged at a later time.

Board of Governors

The leading body of the Federal Reserve System, overseeing the U.S. banking system.

Fed

The Federal Reserve System, which is the central banking system of the United States, responsible for monetary policy.

Loans

Money, goods, or services provided to an individual or entity with the expectation of repayment over time with interest.