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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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Great Harvest Bakery purchased bread ovens from New Morning Bakery. New Morning Bakery was closing its bakery business and sold
ddd [48]

Answer:

Particulars                                  Amount

Purchase price                         $700,000

Add: Freight cost                     $35,000

Add: Electrical connections    $5,000

Add: Labor costs                      $37,800

Add: Bred dough used            $900

Add: Safety guards                  <u>$1,500</u>

Total cost of Equipment         <u>$780,200</u>

<u></u>

Note: Repairs cost of $5,000 will not be included

5 0
3 years ago
Which of the following students is most likely to receive a merit based scholarship?
bonufazy [111]
A student with a high academic score
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Which economic policy was most successful during the Great Depression?
labwork [276]
The economic policy that was most successful during the Great Depression is (D) increased government spending. It is a common view among economists that government spending on the war at least accelerated from the recovery of the Great Depression. Well, as always, other think that it didn't play a vital role in recovery.
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3 years ago
Senior managers engage in ______ when they structure the organizational relationships to work cooperatively to achieve goals.
Nikitich [7]

The thing which senior managers engage in when they structure the organizational relationships to work cooperatively to achieve goals is:

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<h3>What is Efficiency?</h3>

This refers to the ability to perform a task or tasks quickly, accurately and with minimal error.

With this in mind, we can see that when senior managers prioritize <em>efficiency and effectiveness</em> in their organizational structure, then they would easily accomplish goals.

Read more about efficiency here:
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4 0
2 years ago
The Federal Open Market Committee (FOMC) makes decisions regarding the___________.
MrRissso [65]

Answer:

The correct answer is letter "D": buying and selling of securities (primarily Treasury bonds).

Explanation:

The Federal Open Market Committee or FOMC is a department of the Federal Reserve Board in charge of establishing monetary policy. There are different meetings within a year they held to determine to continue with the current policy or to change it. A change in monetary policy represents the purchase or sale of government securities (treasury bonds) on the open market to stimuli the economy.

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3 years ago
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