Multiple Choice

A financial analyst is comparing two interest rates, 0.06 and 0.058, using the standard four-step procedure for ordering decimals. After equalizing the decimal places (comparing 0.060 and 0.058), the analyst compares the numbers as if they were whole numbers (60 and 58). According to the procedure, this whole-number comparison is valid because both decimals now share the same:

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Updated 2026-04-20

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