What is 292/410 in its lowest terms?

146/205

Step-by-step explanation:

292/410

divide everything by 2 (numerator and denominator)

146/205

you can not put it any simpler in fraction form

in decimal, this is the simplest form

0.712 (rounded to the nearest thousandth)

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.

only 10/60 isn't equivalent

hope this : )