The figure shows estimated medical costs versus what a user actually pays for three health insurance plans with different deductibles. For which plan does the user pay the least for estimated medical costs of $4,000?  a) $500 deductible plan  b) $1,000 deductible plan  c) $2,000 deductible plan d) the user pays the same for all three plans

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section: Chapter Questions
Problem 4RE
icon
Related questions
icon
Concept explainers
Topic Video
Question

The figure shows estimated medical costs versus what a user actually pays for three health insurance plans with different deductibles. For which plan does the user pay the least for estimated medical costs of $4,000? 

a) $500 deductible plan 

b) $1,000 deductible plan 

c) $2,000 deductible plan

d) the user pays the same for all three plans 

5000
$500 ded plan
$2000 ded plan
4000
$1000 ded plan
3000
2750
2000
1900
1400
1000
500
1000
2000
3000
5000
4000
6000
Estimated medical costs ($)
User pays ($)
Transcribed Image Text:5000 $500 ded plan $2000 ded plan 4000 $1000 ded plan 3000 2750 2000 1900 1400 1000 500 1000 2000 3000 5000 4000 6000 Estimated medical costs ($) User pays ($)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning