Ingrid took out a $2500 loan from a bank that charges 6% interest compounded monthly for 5 years. What is the total amount Ingrid will pay for this loan after 5 years?

1. according to the internal revenue service, the mean tax refund for the year 2007 was $2,708. assume the standard deviation is $650 and that the amounts refunded follow a normal probability distribution. a. what percent of the refunds are more than $3,000? b. what percent of the refunds are more than $3,000 but less than $4,000? c. what percent of the refunds are less than $2,000?