Answer:
Real rate = Interest rate - Inflation rate
Here, real rate will be ZERO.
When real rate of return os ZERO annual saving will be Value/Years.
Hence, available real annual savings is $15,300 ($459,000/30)
Step-by-step explanation:
Answer:
15.9% of babies are born with birth weight under 6.3 pounds.
Step-by-step explanation:
We are given the following information in the question:
Mean, μ = 6.8 pounds
Standard Deviation, σ = 0.5
We are given that the distribution of birth weights is a bell shaped distribution that is a normal distribution.
Formula:
P(birth weight under 6.3 pounds)
P(x < 6.3)
Calculation the value from standard normal z table, we have,

15.9% of babies are born with birth weight under 6.3 pounds.