simple interest calculator, simple interest formula, what is simple interest, ... financing will cost you or how much you can earn on an investment. ... Annual Interest Rate ... you must repay not only the amount you borrowed – the principal ... Calculate simple interest (I) by multiplying the principal (p) by the rate
Since we are given that it is an even number, we know there is only 3 options (2, 4, 6). Since only one of them is an even number, we know that we need the fraction 1/3 or 33.3% for a probability.