10. Tim and his family are discussing how to pay for his college education. The cost of tuition at the four-year university is
listed above. Tim's parents will pay 75% of the tuition cost
every year and he will pay the rest. Tim has 21/2 years to save
enough money to attend his first year of college. What is the
minimum amount of money he should save every month in order
to reach his goal? Tim has does not have any savings, grants,
or scholarships

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.)