Faisal has insured his vehicle with AXA insurance company. Throughout the year he experiences a loss in January costing 2,889, another in May costing 2,605 and the last in December costing 1,003. If Faisal has an aggregate deductible of 1,084. How much will the insurer pay?
Faisal has insured his vehicle with AXA insurance company. Throughout the year he experiences a loss in January costing 2,889, another in May costing 2,605 and the last in December costing 1,003. If Faisal has an aggregate deductible of 1,084. How much will the insurer pay?
Chapter6: Business Expenses
Section: Chapter Questions
Problem 69P
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Question
Faisal has insured his vehicle with AXA insurance company. Throughout the year he experiences a loss in January costing 2,889, another in May
costing 2,605 and the last in December costing 1,003. If Faisal has an aggregate deductible of 1,084. How much will the insurer pay?
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ISBN:
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Author:
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Publisher:
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