A credit card has an annual percentage rate of 23 988% the balanced owed is $1450.00. Assuming no additional charges are made. W
hat is the minimum monthly payment in dollars, required to pay off the balance in 12 months? (No links)
120.83
149.82
175.33
299.65
120.83
149.82
175.33
299.65
1 answer:
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What z score in a normal distribution has 33% of all score above it?
Answer: A z score which has 33% of all scores above it, will have 67% of all scores below it.
To find the required z score, we need to find the z value corresponding to probability 0.67.
Using the standard normal table, we have:
Therefore, the z score = 0.44 has 33% of all score above it.
