A retail store is doing a $50 gift card giveaway by selecting 1 customer from a pool of registered customers. The pool of regist
ered customers has males and females of all ages with 52% of the pool being female and 18% of the pool being over the age of 65. The probability of the winner being female or over age 65 (the union of female and over age 65) is 70%. a. True
b. False
There will be loss due to the interest of the amount borrowed just to compensate or supplement their existing reserves. Total money borrowed is $100 + ($100*%interest) This strategy of the owner is not good and may result to more money loss than gaining more profit.
If a school is offering a lot in financial aid, you need to consider the cost of attendance (COA) when trying to determine if a school is going to fit your budget. Financial aid letters from institutes of higher education only include aid for one year. You must reapply for financial aid every year.