How do I convert 9% to decimal form with the principal of the investment is P=$6,500?
To convert 9% to decimal form, divide the percentage by 100.
9 ÷ 100 = 0.09
Now, since you mentioned that the principal of the investment is P=$6,500. To find the decimal value of 9% of $6,500, multiply the principal by the decimal form of the percentage.
0.09 × $6,500 = $585
Therefore, 9% of $6,500 is $585.
can you convert that into a decimal?
Apologies for the confusion. To convert the percentage to decimal form, divide it by 100.
9% ÷ 100 = 0.09
So, 9% as a decimal is 0.09.