Wilson Motors is looking to expand its operations by adding a second manufacturing location. If it is successful, the company will make $450,000. If it fails, the company will lose $290,000. Wilson Motors is trying to decide whether it should borrow the $290,000 even the current bank loan rate of 12%.

What is the break-even probability of success if the loan rate is 12%? (Round to the nearest whole percent.)

What is the break-even probability of success if the loan rate is 17%? (Round to the nearest whole percent.)