$1,450, 2.5%, 2 years
What is the answer

Are you looking for simple interest? If so the answer is $72.50

Step-by-step explanation:

To solve this you would use I=(p)(r)(t)

p= principal amount- $1,450

r= rate per year-2.5%

t= time- 2 years

Multiply 1450x0.025x2 to get your answer

means if you're already damaged some way when you take out a medical insurance you will not get full compensation for that injury that you already have.

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.