1-4: Answer the following questions as soon as possible!!!

In the provided blank, insert the letter that corresponds to the correct answer. For example, if the correct answer is "a) x = 10 ", insert only "a" as the correct answer. 30% of a bank's loans are personal and the rest are commercial. In the past, 15% of commercial loans and 10% of personal loans have defaulted. If we assume these percentages will hold in the future, answer the following: Please, round to two decimal places! I. If the loan defaults, what is the probability that it is a commercial loan? The letter associated with the correct answer is a) 0.15 b) 0.31 () 0.77 d) 0.85 e) None of the above Il. What is the probability that it is a personal loan if the loan does not default? The letter associated with the correct answer is a) 0.15 b) 0.31 C) 0.77 d) 0.85 e) None of the above Ill. Given that the loan is commercial, what is the probability that the loan does not default? The letter associated with the correct answer is a) 0.15 b) 0.31 C) 0.77 d) 0.85 e) None of the above IV. Given that the loan is commercial, what is the probability that the loan does default? The letter associated with the correct answer is a) 0.15 b) 0.31 C) 0.77 d) 0.85 e) None of the above