Consider the following incomplete deposit ticket.
DEPOSIT TICKET
CASH
NCUDOG CONS
202.520
4
Rachel Bianca
99 Rick Rd.
Lost, VA
6 9.4
1 8 6 2 4
8 8 86
8 00 85
X X X X X
7 4 6 2 3
X X X X X
Date July 24,20
OPOSTS MVNO-BE
ABLE OR NIVOATE WITHDRAWAL
22078.3.D
DONEC
S96.
24-
98 1:
$
RR Bank
085213-697-5
1.234
What was the subtotal of Rachel's deposit?

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 answer is 489

step-by-step explanation: