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JulsSmile [24]
3 years ago
10

In the monthly payment formula , what value would you put for r if the interest rate is 5.7%?

Mathematics
2 answers:
Ratling [72]3 years ago
5 0

Answer:0000.54

Step-by-step explanation:

natulia [17]3 years ago
3 0
In the monthly payment formula r is the percentage rate as a decimal.

To turn a percentage into a decimal, move the decimal point 2 places to the left.
 5.7% becomes 0.057

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