Use the finite risk contract. Suppose that a 3-year contract is signed that: (1) requires the insured firm to pay premiums of $4 million a year (2) credit interest at 6.0% percent annually on the years beginning balance (3) provides the insurer with a fee equal to 10 percent of each premium (4) has an aggregate limit of $20 million for the three years. How much would the policyholder get back at the end of three years if loss payments at year-end were a) $3 million in year 1; $3 million in year 2; and $3 million in year 3? b) $8 million in year 1; $1 million in year 2; and $1 million in year 3? I know the answers are: a = $,2598 and b = $1,100 but I am not sure how to get to those answer. Please show work when answering the questions.