Answer:
$74,600
Step-by-step explanation:
-Given the probability is 2.5%, mean=$55,000 and standard deviation= $10,000
-We find the z value of 2.5%
Hence, the minimum amount of income to be in the top 2.5% is $74,600
You deposit $3000 into an account which earns 5.1% interest per year, compounded annually. your friend simultaneously deposits $
2 answers:
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