As 1,000 earns simple interest at the rate of 3% each year. The interest is paid at the end of every month. How much interest will the bond have earned after 3 months?

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  $7.50

Step-by-step explanation:

The monthly interest rate is 3%/12 = 1/4%. The dollar amount of interest earned in 3 months is ...

  I = Prt = $1000(0.0025/mo)(3 mo) = $1000(0.0075) = $7.50

15% chance.

step-by-step explanation:

3/10 times, the 5 year old will get a tablet. 5/10 times, the 13 yer old will get a tablet. multiply both fractions to get 15/100 times, both would have a tablet.