Question

The money in Juan's savings account earns 1 1/4% interest. Which value is less than 1 1/4 %? The values are: a. 1/4 b. 0.125 c. 1/80 d. 0.0114

Answer 1

11/4% = (11/4)/100 = 11/400 = 0.0275;
1/4 = 0.2500;
1/80 = 0.0125;
We observe that 0.0125 < 0.0275 and 0.0114 < 0.0275 and 0.2500 > 0.0275 and 0.12500 > 0.0275;

The answers are c. and d.