You made a $50,000 down payment to buy an apartment building. you got a loan from a bank for the rest of the cost. each month, you pay the bank $1,500 on the loan. you charge $1,000 per month to rent each of the 6 apartments. how many months will it take you to make a profit? round to the next full month.

An oil exploration company currently has two active projects, one in asia and the other in europe. let a be the event that the asian project is successful and b be the event that the european project is successful. suppose that a and b are independent events with p(a) = 0.2 and p(b) = 0.8. (a) if the asian project is not successful, what is the probability that the european project is also not successful? (b) what is the probability that at least one of the two projects will be successful? (c) given that at least one of the two projects is successful, what is the probability that only the asian project is successful? (round your answer to three decimal places.)