It cost Joseph $20.10 to send 134 text messages. How much does it cost to send one text message? Show your work.
1 answer:
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Answer: Our required probability is 0.55.
Step-by-step explanation:
Since we have given that
Probability that chance of winning the hotel bid = 40%
Probability that no chance of winning the hotel bid = 100-40=60%
Probability that chance of winning the office building bid = 25%
Probability that no chance of winning the office building bid = 100-25 = 75%
So, Probability that the company will win at least one contract is given by
Hence, our required probability is 0.55.
Answer: 6.5%
Step-by-step explanation:
Formula for simple interest : I = Prt , where P= principal , r= rate of interest t= time
As per given , P = $2000 , I=$ 650, t= 5 years
Substitute all theses values in the formula , we get
Hence, the required annual interest = 6.5%