Problem
QUESTION 1 Find fraction notation for the percent notation in the problem. The current annual rate of inflation is \( 3.3 \% \). \( \frac{33}{100} \) \( \frac{10}{33} \) \( \frac{1}{3} \) \( \frac{33}{1000} \)
Solution
Step 1 ：Convert 3.3% to a fraction by dividing by 100.
Step 2 ：Write \( \frac{3.3}{100} \).
Step 3 ：Simplify to \( \frac{33}{1000} \).
