Generate a user defined function that calculates the total amount paid for a loan and the monthly payments for the load. Name your function Group#loan. The input for the function should be the principal amount of the loan, the monthly interest rate, and the time of the loan in years. The equation that calculates the total loan amount for a fixed rate and time frame is

T=Pe^rt

Where T is the total amount paid for the life of the loan for the interest rate, P is the principal loan amount, r is the interest rate, and t is the time of the loan.

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.)