To Create a Paper Clip, Wire Is Cut to 4

question 9

Essay

To create a paper clip, wire is cut to 4 " lengths and then formed into the shape we are all familiar with. Use the following information to create a histogram. Show all formulas and appropriate calculations.

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Definitions:

Contract

A contract recognized by law, involving at least two parties, each with obligations to the other.

Principal

The original amount of money invested or loaned, before interest, or the primary party engaged in a contract or transaction.

Authority

The legal power or right given to an individual or entity to make decisions, and enforce obedience.

Agents

Persons authorized to act on behalf of another, known as the principal, in legal or business matters.