Answer:
14.5% = 0.145
Step-by-step explanation:
The term 'percent' (%) actually means per 100. So when you say 14.5% it means 14.5 per 100. So when you put that into an equation it actually means:
[tex]\dfrac{14.5}{100}[/tex]
So when you solve it, 14.5% is actually 0.145 and not 14.5.
Your friend is then incorrect because:
14.5% ≠ 14.5