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What’s 5 3/8% in decimal form?

I’m doing a math problem and I tried looking it up and I did. Put the answer in and it’s wrong.
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Tennessee · 46-50, F
5.375

3/8=3x0.125=0.375

(5)3/8=5.375.

1/4=0.25

1/4 is a quarter and a money quarter are 25 cents.

1/8=0.125

1/8 is a half of 1/4 so half of a quarter for 1/4

And 5.375 is the answer.
PetiteJulie01 · 22-25, F
@Tennessee thank you
Tennessee · 46-50, F
@PetiteJulie01 you're welcome