A question for you....
My math skills seem to have fallen by the way side. Or maybe things are different now....?
Anyway, I was taught (I think) that you would read 30% as "thirty percent, " and .03% as three percent.
Got a notice from the bank on a CD renewal. It read 0.03%.
I somehow doubt it is 3 percent. I fear that it is 3 tenths of 1 percent.
What's your guess? Would any bank be paying 3% nowadays?