Kurt has 25/50/20 auto insurance coverage. One evening he lost control of his vehicle, hitting a parked car and damaging a store along the street. Damage to the parked car was $14,300, and damage to the store was $16.500 (a) What amount will the insurance company pay for the damages? Amount paid $ Amount paid (b) What amount will Kurt have to pay?. 25,000 $ 5,800

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter10: Protecting Your Property
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Kurt has 25/50/20 auto insurance coverage. One evening he lost control of his vehicle, hitting a parked car and damaging a storefront
along the street Damage to the parked car was $14,300, and damage to the store was $16,500
(a) What amount will the insurance company pay for the damages?
Amount paid
$
Amount paid
(b) What amount will Kurt have to pay?.
25,000
$
5,800
4
Transcribed Image Text:Kurt has 25/50/20 auto insurance coverage. One evening he lost control of his vehicle, hitting a parked car and damaging a storefront along the street Damage to the parked car was $14,300, and damage to the store was $16,500 (a) What amount will the insurance company pay for the damages? Amount paid $ Amount paid (b) What amount will Kurt have to pay?. 25,000 $ 5,800 4
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