The fraction 5/89 is equal to 5.62% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents a tiny portion of a whole, less than one-tenth. It's the kind of number you might encounter in statistics or probability calculations, where small chances or proportions are often discussed.
In everyday life, you probably won't come across 5/89 or 5.62% very often. However, it could show up in certain situations. For example, it might represent the chance of a rare event happening, a small portion of a budget, or a minor increase in some measurement. While it's not a common fraction or percentage, understanding its value can be useful in specific contexts where precision matters.