Callie bought 2 gallons of juice for $2.58 per gallon. she sold the juice in 1-cup servings for $0.75 each. each serving is one sixth gallon. how much more did she get for selling the juice than she paid to buy it? tell how you found the answer.

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.

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