The probability is 1/1024.
Each tetrahedron has a 1/4 chance of landing on 3, since there are 4 sides and only one of them is marked 3.
Each tetrahedron roll is independent, since no roll is affected by another.
This means we multiply the probabilities:
1/4(1/4)(1/4)(1/4)(1/4) = 1/1024
Equation: (70 + 70*.05) + (580 + 580*.07) + (620 + 620*.10) = Total Spent
Solving for this gets you $1320.30.
Answer: $10000
Step-by-step explanation:
From the question,
Principal = $43000
Time = 5 years
Rate = Unknown
Simple Interest = $51,600 - $43000 = $8600
We need to calculate the rate of interest which will be:
Interest = PRT/100
8600 = (43000 × 5 × Rate) / 100
Cross multiply
8600 × 100 = 215000 × Rate
Rate = 860000 / 215000
Rate = 4%
Assuming Justine borrowed $50,000 instead, the yearly Interest will be:
= (50000 × 5 × 4%)
= 50000 × 5 × 0.04
= $10000
