Scott was involved in an auto accident in which he was at fault. His own car sustained $2,780 damages and the other vehicle cost $2,848 to repair. Scott was not injured, but the driver of the other car required medical treatment costing $33,180. Scott's policy includes 10/20/5 liability, $500 deductible collision, and full coverage comprehensive. How much of the damages must the insurance company pay? a. $15,128 b. $25,128 c. $33,180 d. $38,808
Scott was involved in an auto accident in which he was at fault. His own car sustained $2,780 damages and the other vehicle cost $2,848 to repair. Scott was not injured, but the driver of the other car required medical treatment costing $33,180. Scott's policy includes 10/20/5 liability, $500 deductible collision, and full coverage comprehensive. How much of the damages must the insurance company pay? a. $15,128 b. $25,128 c. $33,180 d. $38,808
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Scott was involved in an auto accident in which he was at fault. His own car sustained $2,780 damages and the other vehicle cost $2,848 to repair. Scott was not injured, but the driver of the other car required medical treatment costing $33,180. Scott's policy includes 10/20/5 liability, $500 deductible collision, and full coverage comprehensive. How much of the damages must the insurance company pay?
a. $15,128
b. $25,128
c. $33,180
d. $38,808
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