In Problems 9-16, Convert The Given Interest Rate To Decimal Form Fir Is Given As A Percentage, And To A Percentage If It Is Given..

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In Problems 9-16, convert the given interest rate to decimal form fir is given as a percentage, and to a percentage if it is given decimal form 10/2.75% 12. 0.0075 14, 0.9% 9, 1.5% 11. 0.006 13, 0.4% 15. 0.2499 16. 0.165 n Problems 17-24, covert the given time period to years, in frac- tion form, assuming a 360-day year Ithis assumption does not affect the nunber of quarters (4), months (12), or weeks (52) in a year]. 17. 4 months 18. 39 weeks 19. 240 days (20, 6 quarters

Expert's Answer

(9) 1.5% = 0.015 (10) 2.75% = 0.0275 (11) 0.006 = 0.6% (12) 0.007…

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