Donation for a Cause: You are running a foundation for street children. Mr. Juan, a rich benefactor, offers two options

for his donations:

Option A: to give Php 1,000 on day 1. Php 999 on day 2, Php 998 on day 3, with the process to end
after 1000 days.

Option B: to give Php 1 on day 1, Php 2 on day 2, Php3 on day 3, with the process to end after 1000
days.

You have to tell him today which option you want to take.

a. Which of the options result in more money for the foundation? Show your computation.

b. Which option are you going to take? Explain your choice.

High school seniors with strong academic records apply to the nation’s most selective colleges in greater numbers each year. because the number of slots remains relatively stable, some colleges reject more early applicants. suppose that for a recent admissions class, an ivy league college received 2851 applications for early admission. of this group, it admitted 1033 students early, rejected 854 outright, and deferred 964 to the regular admission pool for further consideration. in the past, this school has admitted 18% of the deferred early admission applicants during the regular admission process. counting the students admitted early and the students admitted during the regular admission process, the total class size was 2375. let e, r, and d represent the events that a student who applies for early admission is admitted early, rejected outright, or deferred to the regular admissions pool.suppose a student applies for early admission. what is the probability that the student will be admitted for early admission or be deferred and later admitted during the regular admission process?