Raymond bought a car for $40,000. He took a 20,000 loan from a bank at an interest rate of 15% per year for a 5 - year period. W
1 answer:
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Answer:
6%
Step-by-step explanation:
Step 1
The fist step is to define the probabilities.
The events are independent from each other. Each team wins with probability and looses with probability
Let
be probability that Roses win and
be the probability that Roses loose.
Step 2
The second step is to calculate the probabilities by multiplying the probabilities with the first 3 terms in the product being the probability of a win and the last term being the probability of a loss.
The calculation is shown below,
Step 3
The last step is to convert this probability into a percentage. Converting this probability to a percentage is done as shown below,
Step 4
The next step is to round down the percentage . The value of 6.25% rounded down is 6%. The correct answer is 6%.
Answer:
Not really sure but here you go.
