?Everyday MathHome insurance Armando’s home insurance has a $2,500 deductible per

Chapter 1, Problem 180

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Everyday Math

Home insurance Armando’s home insurance has a $2,500 deductible per incident. This means that he pays $2,500 and the insurance company will pay all costs beyond $2,500. If Armando files a claim for $19,400.

(a) how much will he pay?

(b) how much will the insurance company pay?

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