Answer and Explanation:
a. The computation of the probability for a student either a finance or marketing major is shown below:
= Number of expected outcomes ÷ total number of outcomes
= (67 + 45) ÷ (67 + 45+ 51 + 18)
= 112 ÷ 181
= 0.6188
b. Now for mutually exclusive, we make the assumption that the none of the students has taken for multiple specializations also nothing is mentioned in the question
In a way both can be correct but if seen in public then It is True.
This is the five ways that tourism contributes towards the south African economy. First is the important source of revenue and employment is referred to the Domestic tourism. It supports one in every 12 jobs in the country. And also in the labor-intensive sector, with the supply chain that connects the other sectors which tourism sector is the most important, it is part of the six jobs drivers path framework of the government. It boost the business industry of South Africa, it helps to feature its culture and its heritage sites.
Answer:
By Private placement, the company will be able to raise funds offering shares to a select group of investors.
Explanation:
Answer: $80 million per year for 25 years
Explanation:
The option you should choose is one that will guarantee you the highest present value.
This means that you need to discount the annual payment of $80 million per year for 25 years to find the present value. As you did not include a rate, we shall assume a rate of 8% for reference purposes.
The annual payment is an annuity so the present value can be calculated by:
Present value of annuity = Annuity payment * Present value interest factor, rate, no. of years
= 80,000,000 * Present value interest factor, 8%, 25 years
= 80,000,000 * 10.6748
= $853,984,000
<em>The present value of the annual payment is more than the present value of the $850 million received today so the Annual payment should be taken. </em>
