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VLD [36.1K]
3 years ago
7

Because of the relatively high interest rates, most consumers attempt to pay off their credit card bills promptly. however, this

is not always possible. an analysis of the amount of interest paid monthly by a bank's visa cardholders reveals that the amount is normally distributed with a mean of $27 and a standard deviation of $7.
a. what proportion of the bank's visa cardholders pay more than $30 in interest?
b. what proportion of the bank's visa cardholders pay more than $40 in interest?
c. what proportion of the bank's visa cardholders pay less than $15 in interest?
d. what interest payment is exceeded by only 20% of the bank's visa cardholders?
Business
1 answer:
Lisa [10]3 years ago
7 0
The answer is <span>c. what proportion of the bank's visa cardholders pay less than $15 in interest? as that is the best question.</span>
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A five-sided lot has the following dimensions: side A = 44', side B = 67', side C = 91', side D = 18', and side E = 55'. What is
enyata [817]

Answer:

275

Explanation:

You will add all the figures;that is;44+67+91+18+55=275

5 0
3 years ago
Bill Mitselfik has purchased a bond that was issued by Acme Chemical. This bond has a face value of $1,000 and pays a dividend o
kramer

Answer:

$1,068.02

Explanation:

For computing the selling price of the bond we need to use the Future value formula or function i.e to be shown in the attachment below:

Given that,  

Present value = $1,000

Rate of interest = 10% ÷ 2 = 5%

NPER = 3 years × 2 = 6 years

PMT = $1,000 × 8% ÷ 2 = $40

The formula is shown below:

= FV(Rate;NPER;PMT;-PV;type)

The present value comes in negative

So, after applying the above formula, the selling price of the bond is $1,068.02

7 0
3 years ago
Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $
Sergio039 [100]

Answer:

Option (A) is correct.

Explanation:

Given that,

Implicit costs per week = $200,000

Average explicit cost per banana = $0.25 per banana

Per week bananas sold = 1 million

Explicit cost = Average explicit cost per banana × No. of banana sold

                    = $0.25 × 1,000,000

                    = $250,000

Total revenue = No. of banana sold × Selling price of each banana

                        = 1,000,000 × $0.50

                        = $500,000

Accounting profit = Total revenue - Explicit cost

                             = $500,000 - $250,000

                             = $250,000

Economic profit:

= Total revenue - Explicit cost - Implicit costs

= $500,000 - $250,000 - $200,000

= $50,000

5 0
3 years ago
When you are in a conflict that you are not passionate about, it is seen as gracious to sometimes ______.
Aleks [24]

When I am in a conflict that I am not passionate about, it is seen as gracious to sometimes nothing because it did not hurt me in any way because first and foremost, it is not my concern to start of. Conflicts maybe hard but as long as I am not affected, it does not matter.

8 0
3 years ago
Read 2 more answers
Timothy wants to cut costs in his company to increase the profitability of production. Which tactic should Timothy utilize to cu
Oksanka [162]

Answer:

A

Explanation:

5 0
3 years ago
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