What is 4 basis points as a decimal?

4 Basis Points as a Decimal

Here we will show you how to convert 4 basis points to decimal. Before we continue, note that 4 basis points as a decimal can be shortened to 4 bps as a decimal or 4 bps in decimal.

A basis point is one percent of one percent, and one percent is one of one hundred. To convert 4 basis points to decimal, we will first convert 4 basis points to percent, and then convert the percent to decimal. Below are the step-by-step instructions to convert 4 basis points to decimal.

Step 1) Convert 4 basis points to percent.
Since one basis point is one percent of one percent, 4 basis points is 4 percent of one percent:

(4 × 1) / 100 = 0.04
4 basis point = 0.04 percent

Step 2) Convert percent to decimal.
Since one percent is one of one hundred, you divide the percent answer from Step 1 by 100 to get the percent to decimal:

0.04 / 100 = 0.0004
0.04 percent = 0.0004 decimal

That was the final step. Here is the answer to 4 basis points as a decimal per calculations above:

4 basis points = 0.0004 as a decimal

Basis Points to Decimal Calculator
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