A kitchen appliance has 16 working parts, each of which has a 0.99 probability of lasting through

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A kitchen appliance has 16 working parts, each of which has a 0.99 probability of lasting through the product’s warranty period. The parts operate independently, but if one or more malfunctions, the appliance will not work. What is the probability that a randomly selected appliance will work satisfactorily throughout the warranty period?
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