Question: PLS SHOW WORKING OUT Assignment # 4 i 2 3 points References Saved Problem 8-5 Determining the Claim Amount (with Deductibles) [LO3] For each of

 PLS SHOW WORKING OUT Assignment # 4 i 2 3 points

PLS SHOW WORKING OUT

Assignment # 4 i 2 3 points References Saved Problem 8-5 Determining the Claim Amount (with Deductibles) [LO3] For each of the following situations, what amount would the insurance company pay? a. Wind damage of $2,025; the insured has a $550 deductible. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Amount paid $ b. Theft of an entertainment system worth $2,350; the insured has a $1,100 deductible. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Amount paid $ c. Vandalism that does $434 of damage to a home; the insured has a $500 deductible. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Amount paid $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!