If a and B Are Independent Events with P(A) =

question 37

Multiple Choice

If A and B are independent events with P(A) = 0.2 and P(B) = 0.6, then P(A ∪ B) =

• A) 0.62.
• B) 0.12.
• C) 0.60.
• D) 0.68.

---

Definitions:

Perpetually

Continuing forever or for an indefinite period without anticipated termination.

Cash Flow

The total sum of cash and cash-equivalents that flows in and out of a company.

Present Value

The worth at present of a future money amount or cash flow sequences, evaluated using a certain rate of return.

Future Value

The future value of an asset or cash that, on a specific future date, is equal in worth to a given amount today.