Answers

DA

Answered

Lillian Barnes made extra money by lending small amounts of money to small businesses. One such loan dated September 9, was for $8,680, for 75 days at 8.6% interest. On October 25, Lillian decided to sell the loan to a lending institution which discounted it at 12.7%. Use a 365-day year to find the missing information on the loan.
Lillian Barnes made extra money by lending small amounts of money to small businesses. One such loan dated September 9, was for $8,680, for 75 days at 8.6% interest. On October 25, Lillian decided to sell the loan to a lending institution which discounted it at 12.7%. Use a 365-day year to find the missing information on the loan. ​

On May 28, 2024


DA

Answered

The life expectancy of a particular brand of tire is normally distributed with a mean of 40,000 and a standard deviation of 5,000 miles.What is the probability that a randomly selected tire will have a life of at least 52,500 miles?

A) 0.0062
B) 0.9938
C) 0.0000
D) 1.0000

On May 25, 2024


A