The answer is .333 or 1/3 (4/12)
Answer:
$11,728
Step-by-step explanation:
Twice a year, for 4 years is 8 times
516×8 = 4128
Yearly for 4 years is 4 times
700×4 = 2800
Every month for 4 years is 48 times
100×48 = 4800
Minimum expenditure:
4128 + 2800 + 4800 = $11,728
Total number of marbles in the bag =20
Number of blue marbles =4
Now we just want two blue marbles out of four.
Probability of taking out first marble which is blue =4/20
Now after we took out one blue marble , number of blue marbles left are 3.
Probability of taking out second marble which is blue =3/20
Total probability = 4/20 *3/20 = 12/400
So probability of taking out two blue marbles is 0.03 or 12/400.