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19 October, 06:12

Richard is involved in an accident in which $1,250 worth of damage is done to his car. He is at fault in the accident. He is insured for collision, with a $100-deductible clause. How much will the insurance pay? How much must Richard pay?

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  1. 19 October, 06:14
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    The insurance company will pay $1,150 and Richard will pay the $100 for the deductible.
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