Answer: 5.5%
Step-by-step explanation:
Since the money invested has grown to $8300 and the principal was $600, this means the interest is:
= $8300 - $6500
= $1800
Simple interest = (Principal × Rate × Time)/100
1800 = (6500 × Rate × 5)/100
Cross multiply
1800 × 100 = 32500 × Rate
Rate = 180000/32500
Rate = 5.5%
Answer: 6,000.
Step-by-step explanation:
<span>Randomly generate an integer from 1 to 7 two times, and the probability is 1/7 ^2
This is the </span><span>statement that best describes the use of a simulation to predict the probability that two randomly chosen people will both have their birthdays on a Monday.
There are 7 days in a week, so there are 7 choices but only 1 Monday. So, 1/7 is the probability that a person's birthday falls on a Monday.
1st person asked will have 1/7 probability.
2nd person asked will also have 1/7 probability
So, (1/7)</span>² is the probability that both persons will have their birthdays on a Monday.
