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Write the Ratio as a Fraction in Simplest Form

question 31

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Write the ratio as a fraction in simplest form.
0.08 to 0.64


Definitions:

Present Value

Today’s value of a prospective amount of money or cash flow series, determined by a predefined rate of return.

Payment Options

Various methods available for consumers to make transactions, such as cash, credit cards, and electronic transfers.

Interest Rate

The percentage of a sum of money charged for its use, often expressed annually.

Interest

The cost of borrowing money or the return on investment, typically expressed as a percentage.

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