Based on Past Experience,a Bank Believes That 5% of the People

Multiple Choice

Based on past experience,a bank believes that 5% of the people who receive loans will not make payments on time.The bank has recently approved 300 loans.What is the probability that over 6% of these clients will not make timely payments?

A) 0.215
B) 0.573
C) 0.786
D) 0.427
E) 0.794