405.5 divided by 12.5. Step by step

= 32.440

Step-by-step explanation:

Change the divisor 12.5 to a whole number by moving the decimal point 1 places to the right. Then move the decimal point in the dividend the same, 1 places to the right.

We then have the equations:

4055 ÷ 125 = 32.440

and therefore:

405.5 ÷ 12.5 = 32.440

Both calculated to 3 decimal places.

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.

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step-by-step explanation: