5
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Understanding Credit

Question 5 • Personal Finance - EL3403

10% of $45.00 is $ .

Answer
A
$0.45
B
$2.25
C
$4.50

Explanation

10% means one-tenth, so calculate $45.00 ÷ 10 = $4.50. Therefore, 10% of $45.00 is $4.50, choice C.

AI-written and checked against the verified answer.

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