Each week, we post a new Challenge Problem for you to attempt. If you submit the correct answer, you will be entered into that week’s drawing for two free Manhattan Prep GRE Strategy Guides.

Of three possible events, events A and B are independent, and events B and C are mutually exclusive. The probabilities that the individual events A, B, and C will occur are 0.5, 0.3, and 0.2, respectively. What is the probability that both event A and event C will occur?

See the answer choices and submit your pick over on our Challenge Problem page.