Dan is driving from his hometown in California to Colorado for a ski vacation. The equation defines the distance he is from home h hours after noon. What are the meanings of the values in the equation? y = 70h + 100

Dan leaves at noon and is traveling at 100 miles per hour.
Dan leaves at 1:00 and is traveling at 70 miles per hour.
Dan is 100 miles from home at noon and is traveling at 70 miles per hour.
Dan is 70 miles from home at noon and is traveling at 100 miles per hour.

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.

answer: options

step-by-step explanation: