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Suppose the following table summarizes the opinions of various groups on the issue of increased military spending.
Given that a randomly selected individual is nonwhite NW, find the probability that he or she opposes increased military spending O.
Interest Rate
The proportion of an amount of money that is charged for borrowing or using it, usually represented as a yearly percentage.
Compounded Annually
Interest calculation method where the interest is calculated on the initial principal, which also includes all the accumulated interest from the previous periods on a loan or deposit.
Principal
The original sum of money borrowed in a loan, or the amount of the investment, excluding any interest or growth.
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