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bibhu42kumarp7o4ss
26.12.2019 •
Mathematics
Which of the following is equal
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Ответ:
A because it states clearly the answer
Ответ:
$300 is expected to be paid to the insurance company each month for coverage.
Step-by-step explanation:
Deductible is the set amount that one pays himself at the time of claiming insurance. Like here, if $500 is deductible, that means when the person will claim the insurance, he himself will pay $500 ,and the rest insured amount will be paid by the company.
So, here $300 is the monthly premium and $500 deductible is the one time set amount that does not have to be paid monthly.
Hence, $300 is the correct answer.