Word: Two Million Nine Hundred and Fourty Seven
Answer:
The answer is "0.765 and 0.2353".
Step-by-step explanation:
Please find the complete question in the attached file.
In point a:
P(a substantive term only)
P(major health insurance only) 
P(both)
P(renewal) =P(insurance and renewal term only)+P (substantial and renewable health insurance only)+P (both and renew)

In point b:
In reality, the probability of having both life and major medical insurance provided the policyholder would renew next year


Answer:
2 %
Step-by-step explanation:
Money borrowed, Principal, P = $ 700
time of investment, T = 3 years
Total interest paid, Simple interest, S.I = $ 42
Let the rate of interest is R.
Use the formula for simple interest.

By substituting the values

4200 = 2100 R
R = 2 %
Thus, the rate of interest is 2%.
You would need to know how long the path is to answer this question