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A simple electrical motor has three components: windings, armature, and housing. These three components have reliabilities of .9998, .9992, and .9999. There is no possibility of redundant parts. What is the reliability of the motor? Round your answer to four decimal places.
Functional Currency
The currency of the primary economic environment in which an entity operates and carries out its transactions.
Exchange Rates
The rate at which one currency can be exchanged for another, often influenced by economic factors and market conditions.
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial position.
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