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You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company each month for coverage? A-$200 ,B-$300 ,C-$500, …

You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company each month for coverage? A-$200 ,B-$300 ,C-$500, …
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You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company each month for coverage? A-$200 ,B-$300 ,C-$500, D-$800

User Romiem
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2 Answers

5 votes
I believe you would pay them 300 a month. so the answer would be B
User Fabio Cavalcante
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8.8k points
4 votes
You will pay them 300 a month.  The deductible is something you don't actually pay the company.
User Gabriel Nadaleti
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8.0k points
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