Carrie is creating a personal balance sheet. she wrote a header for the balance sheet that shows the period her financial picture is for. which could be the header of carrie’s balance sheet?

a. carrie’s balance sheet (january 2013)
b. carrie’s balance sheet (january 2012 – january 2013)
c. carrie’s balance sheet (january 2008 – january 2013)
d. carrie’s balance sheet (birth – january 2013)

A personal balance sheet is a list of all the assets - the money and valuables that the person possesses and a list of all the liabilities - the money that the person owes to others. Additionally, a sum of those is included, so that a person knows whether they generally possess more than they owe.

A personal balance sheet is for one point in time, therefore the correct answer is A. Carrie’s Balance Sheet (January 2013) - all the other options describe a longer period in time

its A

Explanation:

Recall that given two events A and B, then P(A or B) = P(A) + P(B) - P(A and B)

Given that the probability that house sales will increase in the next 6 months is estimated to be 0.25, the probability that the interest rates on housing loans will go up in the same period is estimated to be 0.74. the probability that house sales or interest rates will go up during the next 6 months is estimated to be 0.89.

Let the probability that both house sales and interest rates will increase during the next 6 months be x, then

0.89 = 0.74 + 0.25 - x

⇒ x = 0.99 - 0.89 = 0.10

Therefore, the probability that both house sales and interest rates will increase during the next 6 months is 0.10.