In last 20 years, 238 couples have divorced out of a random sample of 500 couples in a certain city. Find a 95% confidence interval for the rate of couples who divorced in that city. Find the upper bound of the confidence interval (round off to second decimal place).

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 mistake in the pattern is that :

b. the decimal point was moved one too many place values each time

the correct pattern could be made by :

b. moving the decimal point to the right the same numbers of place values as the exponents

1.30

step-by-step explanation: