Answer:
40%
Step-by-step explanation:
Percent means out of 100
Multiply the top and bottom by 20 to get the bottom to 100
2/5 * 20/20 = 40/100
The percent is 40%
The answer to the question
The interest figure always means the interest for a year.
120 days is 1/3 of a year, so you'll only earn 1/3 of 6.5% .
6.5% = 0.065
1/3 of that is 0.02167 .
(0.02167) x (7,000) = 151.67
