Question: Kindly provide original answer though you can take help from other available options. There is a .03 probability that a customer's Visa charge will be

Kindly provide original answer though you can take help from other available options.

There is a .03 probability that a customer's Visa charge will be rejected at a certain Target store because the transaction exceeds the customer's credit limit. What is the probability that the first such rejection occurs on the third Visa transaction?

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