Answer:
9.18%
Step-by-step explanation:
First, find the z-score.
z = (x − μ) / σ
z = (18 − 19.6) / 1.2
z = -1.33
Use a chart or calculator to find the probability:
P(Z < z) = 0.0918
I believe the answer to the question is D.
7(6+2) = 7(8)=56
The answer is:
7(6)=42 + 14=56
<em>interpret it that there are three payments of 50,000 aside from the current deposit of 110,000</em>
<em>amount after 3 years</em>
<em>= 110,000(1.05)^3 + 50,000( 1.05^3 - 1)/.05</em>
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