If $A$ and $B$ are two events such that $P(A) = \frac{1}{4}$,$P(B) = \frac{1}{2}$,and $P(A \cap B) = \frac{1}{8}$,find $P(\text{not } A \text{ and not } B)$.

  • A
    $\frac{3}{8}$
  • B
    $\frac{1}{2}$
  • C
    $\frac{5}{8}$
  • D
    $\frac{1}{4}$

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