1. Jack borrowed $12,000 from a bank for 3 years at 15% interest annually. What is the total interest he paid in 3 years

Consider the following estimates from the early 2010s of shares of income to each group. country poorest 40% next 30% richest 30% bolivia 10 25 65 chile 10 20 70 uruguay 20 30 50 1.) using the 4-point curved line drawing tool, plot the lorenz curve for bolivia. properly label your curve. 2.) using the 4-point curved line drawing tool, plot the lorenz curve for uruguay. properly label your curve.