how many years, to the nearest hundredth, it will take to double your money if you invest $30,000 at 1% interest compounded monthly?

0.2308

Step-by-step explanation:

Total Number of Cards in the suit = 52

Since there are 3 Face cards in each suit and a Total of 4 suits.

Number of Face Cards=3 Per Suit X 4 Suits =12

Therefore the probability of picking a face card in one draw is:

P(Drawing a Face Card)=Number of Face Cards ÷ Total Number of Cards

=12÷52

=0.2308