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A survey of banks revealed the following distribution for the interest rate being charged on a home loan (based on a 30-year mortgage with a 10% down payment) .
If a bank is selected at random from this distribution, what is the chance that the interest rate charged on a home loan will exceed 5.19%?
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Declaration of Independence
A historic document adopted on July 4, 1776, in which the thirteen American colonies declared their independence from British rule.
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The third President of the United States who authored the Declaration of Independence and played a significant role in the early development of America.
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