Calculate the joint probabilities of 
and 
.
Definitions:
Interest Calculations
The process of determining the amount of interest due on a loan or investment based on the rate, principal amount, and time period.
Journalize
The process of recording financial transactions in a company's journal, detailing the accounts affected and the amounts.
Merchandise
Goods that are bought and sold in the course of business operations, often referred to as inventory in a retail context.
Contingent Liability
A potential financial obligation that may arise depending on the outcome of a future event.
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