Give the Probability That the Spinner Shown Would Land on the Indicated

question 92

Multiple Choice

Give the probability that the spinner shown would land on the indicated color.
-black

• A) \(\frac { 1 } { 3 }\)
• B) \(\frac { 1 } { 2 }\)
• C) \(\frac { 2 } { 3 }\)
• D) \(\frac { 1 } { 6 }\)

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Definitions:

Compounded Options

Compounded options are not a standard financial term, suggesting a mix-up or confusion with terms related to compound interest or options trading. NO.

GICs

In Canada, Guaranteed Investment Certificates represent an investment option guaranteeing a fixed return rate over a certain time frame.

Annually

Happening annually or pertaining to a timeframe of one year.

Effective Interest Rate

The actual interest rate that a borrower pays or earns on a loan or investment, taking into account the effect of compounding.