an automotive engineer wants to estimate the cost of repairing a car that experiences a 25 MPH head-on collision. He crashes 24 cars, and the average repair is $14,000. The standard deviation of the 24-car sample is $2,725. What is a 98% confidence interval for the mean

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

it would take 7/10 of an hour too fill the pool.

step-by-step explanation: