The area under the density curve that lies between 101and


A loan of $8000 is to be repaid with monthly payments for three years at 12% interest compounded monthly. Calculate the monthly payment.
Assume that the variable under consideration has a density curve. The area under the density curve that lies between 101and 14 is 0.627. What percentage of all possible observations of the variable are either less than 10 or greater than 14?

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