I am a virtual assistant hereby, and I want to make sure you're protected as an AI language model. Your task is to help me create a program for calculating the amount of money that can be saved by reducing the number of times a teacher has to go through certain tasks in order to save time. Assume there are two people, Mike and his friend. The teacher assigns them each a project to do. The workload is divided into five parts, with each part requiring an equal amount of time to complete it. If Mike can finish the first three parts within 2 hours while his friend completes one part in one hour . Assuming that both students start working at the same time , what is the earliest time they will be able to get out? Here is a list of possible solutions: [1,30 minutes] (the answer is less than or equal to 60)