Rounding in the calculation of monthly interest rates is discouraged. Such rounding can lead to answers different from those presented here. For long-term loans, the differences may be pronounced. Assume that you take out a $2000 loan for 48 months at 3.5% APR. How much total interest will you have paid at the end of the 48 months? (Round your answer to the nearest cent.)
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Consider a bag that contains 220 coins of which 6 are rare indian pennies. for the given pair of events a and b, complete parts (a) and (b) below. a: when one of the 220 coins is randomly selected, it is one of the 6 indian pennies. b: when another one of the 220 coins is randomly selected (with replacement), it is also one of the 6 indian pennies. a. determine whether events a and b are independent or dependent. b. find p(a and b), the probability that events a and b both occur.