A State Ranks 26th (Out of 50) in Graduation Rate

question 50

Short Answer

A state ranks 26th (out of 50) in graduation rate for public high schools. What is the state's percentile rank?
At the __________ th percentile.

---

Definitions:

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Discount Rate

The interest rate applied within the framework of discounted cash flow analysis to estimate the present value of future cash inflows.

Present Value

The present-day worth of money expected in the future or series of cash flows, calculated using a fixed rate of return.

Compounded Monthly

The process where interest is added to the principal amount each month, and future interest is earned on the increased balance.