For the answer to the question above asking to Write the percent as a fraction in simplest form if t<span>he Franklins have a home loan with an interest rate of 4 1/4%. </span>4 1/4 % 4.25% 0.0425 425/10,000 Finally, the answer is 17/400 I hope my answer helped you. Have a nice day!
We have been given that the Franklins have a home loan with an interest rate of 4 1/4%. We are asked to change the percent as a fraction in simplest form.
We know percent means per 100.
Using , we will get:
Since we cannot further simplify our fraction, therefore, our required fraction would be .