document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=951198>Question 951198</A>: <I><SPAN STYLE=\"word-break: break-all;\">  From past experience, a stockbroker believes<BR>\n" );
document.write( "that under present economic conditions a customer will<BR>\n" );
document.write( "invest in tax-free bonds with a probability of 0.6, will<BR>\n" );
document.write( "invest in mutual funds with a probability of 0.3, and<BR>\n" );
document.write( "will invest in both tax-free bonds and mutual funds<BR>\n" );
document.write( "with a probability of 0.15. At this time, find the probability that a customer will invest<BR>\n" );
document.write( "(a) in either tax-free bonds or mutual funds;<BR>\n" );
document.write( "(b) in neither tax-free bonds nor mutual funds. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #580848 by </B><A HREF=/tutors/aboutme.mpl?userid=edjones><B>edjones(8007)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=edjones><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=edjones><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=580848\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> a).45+.15+.15=.75<BR>\n" );
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document.write( "b) 1-.75=.25<BR>\n" );
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document.write( "Ed </SPAN>\n" );
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