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Decimals are also to be used instead of fractions, as in "3.5 percent of the gain" and not "3 + 1 ⁄ 2 percent of the gain". However the titles of bonds issued by governments and other issuers use the fractional form, e.g. "3 + 1 ⁄ 2 % Unsecured Loan Stock 2032 Series 2".
The real numbers can be constructed as a completion of the rational numbers, in such a way that a sequence defined by a decimal or binary expansion like (3; 3.1; 3.14; 3.141; 3.1415; ...) converges to a unique real number—in this case π. For details and other constructions of real numbers, see Construction of the real numbers.
A repeating decimal or recurring decimal is a decimal representation of a number whose digits are eventually periodic (that is, after some place, the same sequence of digits is repeated forever); if this sequence consists only of zeros (that is if there is only a finite number of nonzero digits), the decimal is said to be terminating, and is not considered as repeating.
A decimal separator is a symbol that separates the integer part from the fractional part of a number written in decimal form. Different countries officially designate different symbols for use as the separator. The choice of symbol can also affect the choice of symbol for the thousands separator used in digit grouping.
This is an accepted version of this page This is the latest accepted revision, reviewed on 18 December 2024. This article is about the financial term. For other uses, see Interest (disambiguation). Sum paid for the use of money A bank sign in Malawi listing the interest rates for deposit accounts at the institution and the base rate for lending money to its customers In finance and economics ...
[3] In some areas, the annual percentage rate (APR) is the simplified counterpart to the effective interest rate that the borrower will pay on a loan. In many countries and jurisdictions, lenders (such as banks) are required to disclose the "cost" of borrowing in some standardized way as a form of consumer protection. The (effective) APR has ...
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