if you put $1650 into a saving account with a simple interest rate of 2.3%, how much interest would you accrue after 7 years
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as a fraction.
0.344 = 0.344/1
The 4 is in the thousandths place. Multiply both the numerator and the denominator by 1000.
0.344 × 1000 = 344
1 × 1000 = 1000
This gives us: 344/1000
It's fraction form can be reduced. Simply divide both the numerator and the denominator by 8:
344 ÷ 8 = 43
1000 ÷ 8 = 125
0.344 = 0.344/1
The 4 is in the thousandths place. Multiply both the numerator and the denominator by 1000.
0.344 × 1000 = 344
1 × 1000 = 1000
This gives us: 344/1000
It's fraction form can be reduced. Simply divide both the numerator and the denominator by 8:
344 ÷ 8 = 43
1000 ÷ 8 = 125