11
QuizMultiple Choice

Housing Options and Related Expenses — Test

Question 11 • Advanced Financial Algebra

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
15 dollars comma 000
C
500 dollars
D
0 dollars
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