High School

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Carrie is applying for a home loan, and the interest rate is 4%. Write 4% as a fraction in simplest form and as a decimal.

A) \(\frac{1}{25}\), 0.4
B) \(\frac{1}{20}\), 0.04
C) \(\frac{1}{50}\), 0.04
D) \(\frac{1}{25}\), 0.40

Answer :

Final answer:

4% as a fraction in simplest form is 1/25, and 4% as a decimal is 0.04.The correct answer is option a).

Explanation:

To write 4% as a fraction in simplest form, we first write 4% as a fraction with a denominator of 100, which gives us ⅓/100. However, this fraction can be simplified further by dividing both the numerator and the denominator by 4, yielding 1/25.

Next, to convert 4% to a decimal, we divide the numerator of the initial fraction by the denominator, which means dividing 4 by 100. This gives us 0.04 as the decimal equivalent of 4%.

Therefore, the correct answer is:4% as a fraction in simplest form is 1/25, and 4% as a decimal is 0.04.

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