Suppose you borrow $1000 for 3 years and you owe $200 interest. what is the interest rate?
1 answer:
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Answer:
0.0105
Step-by-step explanation:
given that 30% of all houses need a paint job. Also, 15% of all houses need both a paint job and a new roof. Further, 7% of all houses that need a new roof also need new windows.
If total houses are 100, then 30 require a paint along. 15 require both paint and new roof.
Out of 15 houses which require new roof 7% need new windows
i.e. no of houses which need new windows =
If there are total 100 houses, 1.05 houses require a new window
So probability that a randomly selectede house needs a new window
= 0.0105