What is the probability of rolling a 1 or 2 when a six-sided die is rolled 700 times. Round your answer to the nearest whole num
ber.
2 answers:
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Answer:
It will take 146 days to earn an interest of $80.
Step-by-step explanation:
The simple interest formula is:
It is provided that:
I = $80
P = $4,000
r = 5% p.a.
Compute the time required as follows:
Thus, it will take 146 days to earn an interest of $80.