what is 2 1/8 - 1 3/8 ? move numbers into the boxes to show the answer if there os no whole number move a 0 to the first box

Convert the mixed number to an improper fraction

Take the LCM of denominators and Subtract them

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.