How are percents related to rates?

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asked Jul 13, 2021 184k views

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Sgrove · Answer 1 · 2021-07-16T01:57:04+0000

Answer:Example: 1 divided by 2 is 0.5 or 50%. An interest rate is expressed as a percentage or as a point. ... A percentage is defined a the ratio of 2 numbers times 100 (percent is Latin for per one hundred). Example: 1 divided by 2 is 0.5 or 50%.

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How are percents related to rates?

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