What single decimal multiplier would you use to increase by 7% followed by a 9% increase?

The decimal multiplier is 1.1663

Step-by-step explanation:

Since the increases are done successively we can find decimal numbers for each one and multiply both to have a single decimal representing the whole operation. When there's a increase this means that we have the original value (100%) summed by some other value, in this case 7%, so the new value would be 100% + 7% = 107%, we can transform this to a decimal number by dividing it by 100, so 107/100 = 1.07. The same applies to the 9% increase, so we would have 109/100 = 1.09. We can now multiply both to obtain a single decimal multiplier, we have:

1.07*1.09 = 1.1663

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 k side

step-by-step explanation:

plese mark mde brainliest!