How much would $200 invested at 6% interest compounded annually be worth after 5 years? Round your answer to the nearest cent.m
1 answer:
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Answer: 0.1824
Step-by-step explanation:
Given : The mileage per day is distributed normally with
Mean :
Standard deviation :
Let X be the random variable that represents the distance traveled by truck in one day .
Now, calculate the z-score :-
For x= 132 miles per day.
For x= 159 miles per day.
Now by using standard normal distribution table, the probability that a truck drives between 132 and 159 miles in a day will be :-
Hence, the probability that a truck drives between 132 and 159 miles in a day =0.1824