9
QuizMultiple Choice

Home Ownership — Test

Question 9 • Financial Math

Thea's house was damaged during a natural disaster. The total repair cost is estimated to be $⁢15,000 If Thea's home insurance policy has a deductible of $⁢500 and a coverage limit of $⁢200,000 , how much will the insurance company pay for the repairs?

Answer
A
14 dollars comma 500
B
0 dollars
C
500 dollars
D
15 dollars comma 000
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