gabriel put 6000 in a 2 year CD paying 4% interest, compounded monthly. After 2 years , he withdrew all his money. what was the
2 answers:
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R= 5
Answer:
Step-by-step explanation:
Given that the random variable X is normally distributed, with
mean = 50 and standard deviation = 7.
Then we have z=
Using this and normal table we find that
a)
b) When z=0.02
we get
c) 90th percentile z value =1.645
90th percentile of X
