1)
3)
notice the rate "r"... now, is in decimal format, as you saw on 1) is just r/100 so 1.6% was really 1.6/100 or 0.016 anyhow
to get the percentage form, just multiply it by 100
3)
notice the rate "r"... now, is in decimal format, as you saw on 1) is just r/100 so 1.6% was really 1.6/100 or 0.016 anyhow
to get the percentage form, just multiply it by 100