A bank is offering home loans at an interest rate of 5 1/2%. Write the percent as a fraction in simplest form.

Mathematics

2 answers:

PIT_PIT [11.1K]6 days ago

8 0

5 1/2%=5.5%
5.5%=5.5/100=55/1000
55/1000=11/200

Zina [11.2K]6 days ago

5 0

Answer:

In simplest form, the percent expressed as a fraction is $5\frac{1}{2}\%=\frac{11}{200}$

Step-by-step explanation:

Given: A bank provides home loans at an interest rate of $5\frac{1}{2}\%$ .

To find: Determine the percent converted into a fraction at its simplest form?

Solution:

The interest rate is $5\frac{1}{2}\%$

Transforming the mixed fraction into an improper one,

$5\frac{1}{2}\%=\frac{11}{2}\%$

Percentages are formed by dividing by 100,[...],

$5\frac{1}{2}\%=\frac{11}{2}$

$5\frac{1}{2}\%=\frac{11}{2}\times \frac{1}{100}$

$5\frac{1}{2}\%=\frac{11}{200}$

Thus, the fraction form of the given percent is $5\frac{1}{2}\%=\frac{11}{200}$

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Create a visual representation to depict the situation outlined below.

Let h signify the height of the tree.

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DE/BC = AD/AB

This means that
h/1.94 = (5.1 + 10.2)/5.1 = 3
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Final result: 5.82 m