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If P1 is the probability that event 1 happens and P2 is the probability that event 2 happens, assuming that the two events are independent of one another, what is the probability that both event 1 and event 2 will happen?
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Because the two events are independent then it means that the probability of their intersection is equal to the product of their individual probabilities.

$$P(A \& B) = P(A) \times P(B)$$
by Diamond (50,454 points)
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1, as the events are both independent to each other
by (35 points)
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The probability for both events to happen is 100% because the are independent from each other.
by Wooden (474 points)