Question
30 )Calculate the balance under the given assumptions. Find the savings plan balance after 9 months with an APR of 4% and monthly payments of
30 )Calculate the balance under the given assumptions.
Find the savings plan balance after 9 months with an APR of 4% and monthly payments of $255.
a) $1976.96
b) $2325.84
c) $3135.92
d) $2665.53
31) Suppose that the mean salary in a particular profession is $45,000 with a standard deviation of $2,000. To what percentile does a salary of $48,000 correspond?
a) 91st
b) 43rd
c) 41st
d) 93rd
33) Use the 68-95-99.7 rule to solve the problem.
Assume that a distribution has a mean of 28 and a standard deviation of 4. What percentage of the values in the distribution do we expect to fall between 24 and 28?
Group of answer choices
a) 17%
b) 25%
c) 68%
d) 34%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started