Step-by-step explanation:
• y2 → -1
• y1 → 5
• x1 → 4
• x2 → -3
Moses transferred a balance of $1950 to a new credit card at the beginning of the year. The card offered an introductory APR of
2.7% for the first 2 months and a standard APR of 23.4% thereafter. If the card compounds interest monthly, which of these expressions represents Moses's balance at the end of the year? (Assume that Moses will make no payments or new purchases during the year, and ignore any possible late payment fees.)
2 answers:
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Answer:
Option a is right
Step-by-step explanation:
Given that as part of a research project on student debt at TWU, a researcher interviewed a sample of 35 students that were chosen at random concerning their monthly credit card balance.
Sample average = 2573
Variance = 4252
Sample size = 35
STd deviation of X =
Score of student selected at random X=1700
Corresponding Z score =
Rounding of we get Z score = -13.4
option a is right