Mike bought shares of a brand-new corporation that manufactures dish antennas. He bought the stock years ago for S4,100. He recently sold this stock for 57,100. Express his capital gain as a percent of the original purchase price. Round your answer to the nearest tenth of aperient.

73.2%

Step-by-step explanation:

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.