An Automobile Covered Under a Policy with a $500 Collision

Multiple Choice

An automobile covered under a policy with a $500 collision deductible is damaged in a collision with a fence.It could be repaired for $15,000,replacement cost is $25,000,and the depreciation and physical condition deduction is $5,000.How much will the insurance company pay?

A) $24,500
B) $7,500
C) $15,000
D) $14,500
E) Some other amount