How can you tell whether two ratios are equivalent

Ratios express a relationship between two numbers. For example, the ratio 3:5, in terms of shots made and shots taken, means that three out of every five shots goes in. When you have multiple ratios, you may want to determine whether they are equal or if one of them is larger. To compare ratios, you need to have a common second number. By multiplying each ratio by the second number of the other ratio, you can determine if they are equivalent.

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.