How much would the account earn in 1 year of simple interest at a yearly rate of 2.33%? Round to the nearest cent.
1 answer:
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Answer:
0.2 or 20%
Step-by-step explanation:
If the times of arrival vary uniformly, there is an equal chance of an employee reporting at any given time between 8:40 and 9:30.
The range between 8:40 and 9:30 is 50 minutes.
The range between 9:00 and 9:10 is 10 minutes.
Therefore, the probability that a randomly chosen employee reports to work between 9:00 and 9:10 is:
The probability is 0.2 or 20%.