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You have a car insurance policy with a $400 dollar deductible provision (per claim) for collisions. The premium (the amount you pay per year just to have the policy) for your insurance policy is $350. During a two-year period, you file two claims for $300 and $1050. How much money* will you pay if you have insurance for these two years?

User Jim Wilson
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1 Answer

7 votes
The answer to how much money will you spend if you have insurance over these two years is 10,000.
User Pgrodrigues
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