Simplify the Numerical Expression $$- 10 ^ { - 3 }$$

question 20

Multiple Choice

Simplify the numerical expression. $$- 10 ^ { - 3 }$$

• A) \(\frac { 1 } { 100 }\)
• B) \(- 1,000\)
• C) \(- \frac { 3 } { 1,000 }\)
• D) \(\frac { 1 } { 1,000 }\)
• E) \(- \frac { 1 } { 1,000 }\)

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Definitions:

Simple Interest

Simple interest is a method of calculating the interest charge on a loan or investment based on the original principal amount and not on accumulated interest.

Contract

A legally binding agreement between two or more parties that outlines terms and conditions.

Required Rate

The minimum return or interest rate a lender demands or an investor expects to receive from an investment.

Simple Interest

Interest calculated only on the initial amount of a loan or principal, not on the interest previously earned.