45 basis points is equal to ________.
A) 0.45 percent
B) 0.045 percent
C) 4.5 percent
D) 45 percent

Name: 45 basis points is equal to ________. A) 0.45 percent B) 0.045 percent C) 4.5 percent D) 45 percent
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

45 basis points (bps) is equal to 0.45 percent. 
One basis point is equal to 0.01 percent, so 45 bps can be calculated by multiplying 0.01 by 45 which equals 0.45 percent.

45 Basis Points Is Equal to ________