Question: Roberta files a claim for a small fire in her house that damaged the kitchen. The estimate from the insurance company's adjuster is that it
Roberta files a claim for a small fire in her house that damaged the kitchen. The estimate from the insurance company's adjuster is that it will cost $30,000 to repair. Roberta's policy contains a deductible of $2,000 and an annual premium of $1,850. How much will the insurance company give to Roberta to complete the repair work on her kitchen?
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