SOLUTION: I need someone to help me with this difficult homework problem: There are eight envelopes, one of them contains a $100 bill and the others are empty. You randomly pick one envel

Question 432547: I need someone to help me with this difficult homework problem:
There are eight envelopes, one of them contains a $100 bill and the others are empty. You randomly pick one envelope and open it. If it doesn�t have $100 in it, you discard the envelope and pick another envelope. This continues until you pick the envelope that contains $100. Find the probability that the 5th envelope you pick contains the $100 bill. Answer in fraction.
Answer by sudhanshu_kmr(1152) (Show Source): You can put this solution on YOUR website!

probability that 5th envelop have $100 bill = (7/8)* (6/7)* (5/6)* (4/5)* (1/4)
= 1/8

RELATED QUESTIONS
May's age is one year more than twice Bil's age. Eight years ago, the sum of their age in (answered by ankor@dixie-net.com)

I will appreciate it if someone could help me out with my homework, its really difficult... (answered by jim_thompson5910)

I'm stuck on this word problem. A person has $1,000 and he needs to divide it into 10... (answered by askmemath)

I need help with my probability and statistics homework. Can someone please show me how... (answered by stanbon)

Can someone please help me to understand the below problem. I am working with mutliplying (answered by scott8148)

HI Everyone! I actually need help with my English homework and know there are alot of... (answered by Nate)

This is homework and I have tried I keep coming up with 35 as the answer but different... (answered by stanbon)

Can someone please walk me through this? In 1 hours, a secretary can address 100... (answered by Alan3354)

The correct answer for this problem is not 21. I need help with this difficult homework... (answered by scott8148)