Problem set#3:
choose a situation that could be described by the following ratios, and write a sentence to describe the ratio in the context of the situation you chose.
for example:
3: 2 when making pink paint the art teacher uses the ratio 3: 2. for every 3 cups of white paint she uses in the mixture, she needs to use 2 cups of red paint.
a. 1 to 2
b. 29 to 30
c. 52: 12
*answer a-c

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.