Hey I need help on the last two things for this problem please I'll give 35 Points if you can help me and please I need this to be right. Thanks

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.

the least value out of the data shown is 5, maybe if you post a picture with it i could a little more.

step-by-step explanation:

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