A Recent Survey of Banks Revealed the Following Distribution for the Interest

Multiple Choice

A recent survey of banks revealed the following distribution for the interest rate being charged on a home loan (based on a 30-year mortgage with a 10% down payment) . $$\begin{array} { | l | c | c | c | c | c | } \hline \text { Interest Rate } & 7.0 \% & 7.5 \% & 8.0 \% & 8.5 \% & > 8.5 \% \\\hline \text { Probability } & 0.12 & 0.23 & 0.24 & 0.35 & 0.06 \\\hline\end{array}$$ If a bank is selected at random from this distribution,what is the chance that the interest rate charged on a home loan will exceed 8.0%?

A) 0.59
B) 0.06
C) 1.00
D) 0.41