Answer:
\(\frac{17}{400}\)
Step-by-step explanation:
Given : The franklins have a home loan with an interest rate of \(4\frac{1}{4}\%\).
To Find : Write the percent as a fraction in simplest form.
Solution:
\(=4\frac{1}{4}\%\)
\(=4\frac{1}{4}\%\)
\(=\frac{17}{400}\)
So, the percent as a fraction in simplest form is \(\frac{17}{400}\).
