how long does it take an account with a principal of 600$ to earn $120 in an interest at a simple annual interest rate of 4%

Suppose i pick a jelly bean at random from a box containing one red and eleven blue ones. i record the color and put the jelly bean back in the box. if i do this three times, what is the probability of getting a blue jelly bean each time? (round your answer to three decimal places.)