Simple interest rate
i = Prt
Where P = principal = $4,000, r= 1.4% = 0.014 and t = 4 years
So
i = $4,000 x 0.014 x4
i = $224
Interest earn: $224
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Total jelly beans = 6 red + 4 orange + 5 pink + 3 green + 2 white = 20 jelly beans
a) Probability to choose 1 pink jelly bean = 5/20 = 1/4 or 20%
b) Probability to choose 1 red jelly bean = 6/20 = 3/10 or 30%
c)
White + green = 2 + 3 = 5
Probability to choose Either 1 white or green jelly bean= 5/20 = 1/4 or 20%
