The answer you're looking for is A
Answer:
The event is mutually exclusive.
Step-by-step explanation:
Mutually exclusive events are events that cannot exist simultaneously.
Thus, events that are not mutually exclusive can exist simultaneously.
Since each student only has one major, a single student cannot be both a mathematics major and a business major.
So, the event is mutually exclusive.
Answer:
8:14, 12:27, 40:70
Step-by-step explanation:
We are asked to determine the present value of an annuity that is paid at the end of each period. Therefore, we need to use the formula for present value ordinary, which is:

Where:

Since the interest is compounded semi-annually this means that it is compounded 2 times a year, therefore, k = 2. Now we need to convert the interest rate into decimal form. To do that we will divide the interest rate by 100:

Now we substitute the values:

Now we solve the operations, we get:

Therefore, the present value must be $39462.50