We know that 20 percent is 1/5

total price is $8,000
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:
4 and 2/3 in fraction form and 4.6 in decimal form
Step-by-step explanation:
I promise this is correct. A calculator doesn't lie :)
Hope this helps :)
Have a great day!!
Answer:
4
Step-by-step explanation:
2+2=4