Step-by-step explanation:
Simple interest means that it's not added. You would need to multiply 200 and .12, yielding 24. That's the interest. The total he owes is 224, please mark as brainliest
Use the z-score:
112 - 100
For 112, the z-score is --------------- = 12/15, or 0.8.
15
Next, find the AREA under the standard normal curve TO THE LEFT OF 0.8.
Use either a z-score table or a calculator for this purpose.
Using my calculator, I found that this area is 0.532. That places 112 in the 53rd percentile.
82 would be in a lower percentile: the 12th percentile.
Let me know if you have questions about how to use a calculator to do these calculations.
Answer:
D. decreases the demand for money.
Step-by-step explanation:
Money demand and interest rate has an inverse relationship.
An increase in the interest rate decreases the demand for money. An increase in the price of bonds results in a lower interest rate.
When the interest rate increases, an individual's opportunity cost for holding his money increases. In this condition, the person chooses to hold more bonds, thereby demanding less money.
Answer:
Step-by-step explanation: