Business, 22.04.2020 04:57, moonk7733

Because of the relatively high interest rates, most consumers attempt to pay off their credit card bills promptly. However, this is not always possible. An analysis of the amount of interest paid monthly by a bank's Visa cardholders reveals that the amount is normally distributed with a mean of 29 dollars and a standard deviation of 9 dollars.
What interest payment is exceeded by only 21% of the bank's Visa cardholders?

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Because of the relatively high interest rates, most consumers attempt to pay off their credit card b...