shawnielle shawnielle

04-07-2020
Mathematics

contestada

your automobile insurance semiannual premium is 750 and you have 1050 deductible per incident. In a particularly bad year, you had two collisions. The total repair costs were 2700 and 1400. What was your out of pocket expenses?

Respuesta :

sqdancefan sqdancefan

15-07-2020

Answer:

$3600

Step-by-step explanation:

In each case, the repair cost exceeded the deductible, so your out-of-pocket cost for 2 repairs is ...

2 × $1050 = $2100

In addition, you had to pay the premium of $750 per 6-month period, or $1500 per year, so your total was ...

$2100 +1500 = $3600 . . . out-of-pocket total

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