The probability that two events occur is equal to the product of the individual events happening or occurring. For this item, we let x be the probability that is unknown such that the relationship between them may be expressed as,
(3/5)(x) = 33/95
The value of x from the equation is 11/19.
Short-term investments characteristics are:
- More affected by rapid market changes.
- Taxed at a higher rate.
- Subject to more transaction fees.
- Incurs more annual brokerage fees.
<h3>What are Long-Term Investments?</h3>
Others are:
Long-term investments characteristics are:
- Carries the risk of higher inflation.
Long-term investments are known to be a kind of assets that people or a firm intends to keep for a long period of time that is usually more than three years.
Note that Long-term investors usually take on a high degree of risk when one is said to be after higher returns.
Learn more about investments from
brainly.com/question/1305349
#SPJ1
Answer:
Area: 24 sq units
Step-by-step explanation:
Area of a rectangle formula:
A = 0.5bh
Given:
b = 6
h = 8
Work:
A = 0.5bh
A = 0.5(6)(8)
A = 3(8)
A = 24
Walmart: 10 pens/$8.99 -> $.89/pen
Walgreens: 25 pens/$19.75-> $.79
Walgreens has the better deal
The answer is 8/25
Hope it helped
