6
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Understanding Credit

Question 6 • Personal Finance - EL3403

20% of $45.00 is $ .

Answer
A
$4.50
B
$9.00
C
$90.00

Explanation

Convert 20% to a decimal: 20% = 0.20. Multiply $45.00 by 0.20 to get $9.00, so the correct choice is $9.00.

AI-written and checked against the verified answer.

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