Note: the monthly loan payment was calculated at 119 payments of $367.96 plus a final payment of $367.57. loan balance: $30,000.00 loan interest rate: 8.25% number of payments: 120 monthly loan payment: $367.96 cumulative payments: $44,154.81 total interest paid: $14,154.81

Suppose that 3% of all athletes are using the endurance-enhancing hormone epo (you should be able to simply compute the percentage of all athletes that are not using epo). for our purposes, a “positive” test result is one that indicates presence of epo in an athlete’s bloodstream. the probability of a positive result, given the presence of epo is .99. the probability of a negative result, when epo is not present, is .90. what is the probability that a randomly selected athlete tests positive for epo? 0.0297