I always remember "100 basis points = 1%". It's a little confusing since percent...

		ghayes on Feb 8, 2022 \| parent \| context \| favorite \| on: Apple unveils contactless payments via Tap to Pay ... I always remember "100 basis points = 1%". It's a little confusing since percentages are scalars, so really 1 bps is just the scalar 1/10000.