Joe borrowed $5,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 7 years?
2 answers:
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Answer:
Option A. 0.20
Step-by-step explanation:
Observations from the given frequency table are :
Total number of beds sold at Cloud Nine Furniture = 3 + 6 + 4 + 2
= 15
Number of twin beds sold = 3
Then, probability that the next bed sold will be a twin bed,
= 0.20
Therefore, the probability that the next bed sold is a twin bed will be 0.20 or 20%.
Option A. is the correct answer.