Answer :
Correct answer is Option (e)
Explanation :
As per the data given in the question,
Option (e) is the correct answer, which indicates that Event 2nd should probably get the most attention and Event 3rd should probably get the least.
The reason behind it is Event 2nd has the highest probability of occurrence at 0.6 and cost associated with it is also the greatest at $54,000. Event 3rd has the least probability of occurrence at 0.1 and the cost associated with its occurrence is also the smallest at $12,000.Therefore this Event should be given least importance.
Answer:
The correct answer is letter "B": Holders of future interest own only a reversionary interest.
Explanation:
A life estate is a grant provided by the owner of a property to another individual for his or her lifetime. That individual -<em>called the life tenant</em>, is right to use the property at will bound only to waste. The distinguishing characteristics of the life estate imply that <em>holders of future own revisionary or remainder interest</em>, and that <em>the estate could be created by agreement from private parties or by law under prescribed scenarios</em>.
Answer:
O Compound interest pays interest both on the principal and the interest earned in each period.
Explanation:
Compound interest is preferred as it measures the interest on the principal amount and the accrued interest. In the compounding interest, the interest i.e. earned should be added to the principal in order to create the new principal amount. The interest earned at the closing of every year should be more than the last period as the principal amount rises at the starting of the period
Also, the interest earned via the compound interest should be grown much faster as we compared to the fixed rate interest
Therefore the last option is correct
The answer business. This is made up of association of
people where they share a common purpose or interest in having to focus the
talents that they have and to be able to organize these skills and offer this
for their own benefit.
