Final answer:
The question is asking about paying the first $100 towards repairs to a vehicle, which is related to the concept of deductibles in insurance.
Step-by-step explanation:
In this question, the subject is Mathematics and the grade level is High School. The question is asking about paying the first $100 towards repairs to a vehicle. This is related to the concept of deductibles in insurance.
An insurance deductible is the amount of money that the policyholder must pay out of pocket before the insurance company starts covering the remaining expenses. In this case, the deductible is $100. If the repair costs are less than $100, the policyholder will have to pay the entire amount. If the repair costs exceed $100, the insurance company will cover the remaining expenses after the deductible is met.
For example, if the repair costs are $500, the policyholder would have to pay the first $100, and the insurance company would cover the remaining $400. The deductible helps to reduce the overall cost of insurance premiums, as policyholders are responsible for a portion of the expenses.