Steve borrowed $2000 at 8% annual interest for 6 months. How much interest did he pay? Steve paid ? in interest.
1 answer:
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Answer:
a) 0.3277
b) 0.0128
Step-by-step explanation:
We are given the following information in the question:
N(2750, 560).
Mean, μ = 2750
Standard Deviation, σ = 560
We are given that the distribution of distribution of birth weights is a bell shaped distribution that is a normal distribution.
Formula:
a) P (less than 2500 grams)
P(x < 2500)
Calculation the value from standard normal z table, we have,
b) P ((less than 1500 grams)
P(x < 1500)
Calculation the value from standard normal z table, we have,