Mathematics, 04.02.2020 17:44 granny57i
On the first day of the credit cycle, pam buys a laptop that costs $500.00. her apr is 15 percent and her daily percentage rate is 0.04109. when the bill comes, pam pays $250.00. which of the following amounts is her average daily balance?
a. $0.43
b. $4.31
c. $43.14
d. $431.45
Answers: 3
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The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends more than a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?
Answers: 2
On the first day of the credit cycle, pam buys a laptop that costs $500.00. her apr is 15 percent an...
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