determine whether each consequence of poor financial decision is an initial consequence or a long-term consequence a. difficulty getting on getting new loans b. extra fees c. higher payments on future loans d. higher interest-rate

Assume that there is a 4% rate of disk drive failure in a year. a. if all your computer data is stored on a hard disk drive with a copy stored on a second hard disk drive, what is the probability that during a year, you can avoid catastrophe with at least one working drive? b. if copies of all your computer data are stored on three independent hard disk drives, what is the probability that during a year, you can avoid catastrophe with at least one working drive?