Assume that you must make a $1,000 payment one year from today. how much must you deposit today in a bank account that pays a 6% nominal rate, monthly compounding, to have the needed funds a year from now? a. $1,060.13 b. $ 941.91 c. $ 999.27 d. $ 970.17 e. $1,029.25

1. suppose that scores on a knowledge test are normally distributed with a mean of 71 and a standard deviation of 6. a. label the curve: show the mean and the value at each standard deviation: b. if angelica scored a 76 on the test, what is her z-score? (draw her score on the curve above and label) c. what percent of students did angelica score higher than? how can you tell? d. if 185 students took the test, how many students scored higher than angelica?