Find the Probability of One Event or a Second Event $\frac { 27 } { 40 }$

question 175

Multiple Choice

Find the Probability of One Event or a Second Event Occurring
-Given the sequence 3, 4, 5, 6 ... 42, what is the probability that a number in the sequence is even or that it is greater than 12 and less then 27?

• A) \(\frac { 27 } { 40 }\)
• B) \(\frac { 17 } { 20 }\)
• C) \(\frac { 53 } { 80 }\)
• D) \(\frac { 53 } { 78 }\)

---

Definitions:

Premium Amortization

The process of gradually writing off the premium paid on bonds or other financial instruments over the life of the investment.

Bond Amortization Schedule

A table showing the periodic payments of an amortizing bond, including the allocation of each payment into interest and principal components over the life of the bond.

Interest Paid

The amount of interest expense that has been paid by the company during a specific period for borrowed funds.

Capital Lease

A lease agreement in which the lessee essentially acquires all the risks and rewards of ownership, akin to a financial purchase.