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What percent of loans have an interest rate

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Reference no: EM132027124

Empirical Rule (68-95-99.7)

The interest rate for the financing of a used car is on average 9% with a standard deviation of 3%. Assuming that interest rates for used car loans are normally distributed, approximately what percent of loans have an interest rate that is between 6% and 12%?

Reference no: EM132027124

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