Write the Decimal in Words

question 47

Multiple Choice

Write the decimal in words.
9.099

• A) Nine and ninety-nine divided by a thousand
• B) Nine and ninety-nine thousandths
• C) Nine and ninety-nine hundredths
• D) Nine and ninety-nine ten-thousandths
• E) Nine ninety nine thousand

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Definitions:

LIBOR

The London Interbank Offered Rate is a standard interest rate used by leading international banks for loans to each other.

Federal Funds Rate

The Federal Funds Rate is the interest rate at which depository institutions lend reserves maintained at the Federal Reserve to other depository institutions overnight.

Bankers' Acceptances

Short-term credit investments created by a non-financial firm and guaranteed by a bank.

Money Market Funds

Investment funds that invest in short-term debt securities with the aim of offering high liquidity with a low level of risk.