The weight of a loaf of bread is normally distributed with a mean of 22 oz and a standard deviation of 0.5 oz. What is the probability that a loaf is between 21.75 and 22.25 oz?

What will be an ideal response?

Answer: 0.3830

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Which of the following is a characteristic of an amortized or level payment mortgage?

A. The early payment are mostly interest B. The early payments are mostly principal C. Each monthly payment increases and the balance decreases D. With each monthly payment, the interest increases and the balance decreases.

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Under a Federal Direct Loan, you don't begin making payments until six months after graduation

Indicate whether this statement is true or false.

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