the answer in the attached figure

The account will have decreased by $2640 after 2/3 year.
When the population mean and standard deviation are known, you use the standard normal distribution
<h3>How to determine the distribution?</h3>
There are several probability distributions; these include
- Normal distribution
- Poisson distribution
- Chi square distribution
- Binomial distribution
- Etc
Of all these distribution, only the standard normal distribution can be used when the population mean and standard deviation are known,
Note that it is also referred to as the z-distribution
Read more about probability distributions at:
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Here, we are required to determine the solution to the equation: 13.7y = 6.2y + 30?
The solution to the equation is y = 7.5
The solution is thus,
- 13.7y = 6.2y + 30
- 13.7y - 6.2y = 30
- 7.5y = 30
Therefore, y = 30/7.5 = 4
Therefore, y = 4 is the solution to the equation.
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