If you invest $2,000 today in a bank that gives you a 4 percent annual interest rate, which of these items can you buy in seven
2 answers:
You might be interested in
The school can expect to raise 1500p for charity.
<u>Explanation:</u>
(a)
The possibility space is solved in the image attached.
(b)
20p for each player
30p for lollipop
Number of people = 120
Charity amount = ?
Out of 12 outcomes, the probability of getting 7 is 3
So, probability of getting 7 for 120 people =
= 30
Money earned from the players = 20p X 120
= 2400p
Cost of 30 lollipops = 30p X 30
= 900p
Money received for charity = 2400p - 900p
= 1500p
Therefore, the school can expect to raise 1500p for charity.
