The fraction 2/89 is equal to 2.25% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents just over two parts out of every hundred. It's a fairly uncommon fraction to encounter in everyday life, but it can be useful in certain specialized calculations or statistical analyses.
While 2.25% might seem like a tiny amount, it can still be significant in some contexts. For example, in financial terms, a 2.25% interest rate on a large loan could result in substantial payments over time. In scientific or engineering applications, even small percentages like this can make a difference in precise measurements or calculations. Understanding how fractions relate to percentages is important for many fields, from basic math to advanced sciences.
