What is 3.125 as a fraction

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.

i would pic false cause it goes down towards negative

step-by-step explanation:

10/60

step-by-step explanation:

if you divide 10 by 60 the answer is 0.166666 while if you divide or solve the other problems it equals 0.6