If A and B are mutually exclusive events,with P(A) = 0.20 and P(B) = 0.30,then the probability that both events will occur simultaneously is:

A) 0.50
B) 0.06
C) 0
D) None of these choices.

Which interest rate would you prefer to pay on a loan: 9% compounded monthly, 9.1% compounded quarterly, 9.2% compounded semiannually, or 9.3% compounded annually?