
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 152
Solve the following application problems.
MEDICAL EXPENSES AND PROPERTY DAMAGE Jessica Wallace backed into a new Mercedes and caused $12,800 in damage to the car. She also injured the vertebrae in her neck, requiring surgery costing $48,200. She had 50/100 liability limits, $10,000 in property damage, and $3000 in medical expense coverage. Find the amount paid by the insurance company for (a) damages to the automobile and _____ (b) medical expenses. _____
MEDICAL EXPENSES AND PROPERTY DAMAGE Jessica Wallace backed into a new Mercedes and caused $12,800 in damage to the car. She also injured the vertebrae in her neck, requiring surgery costing $48,200. She had 50/100 liability limits, $10,000 in property damage, and $3000 in medical expense coverage. Find the amount paid by the insurance company for (a) damages to the automobile and _____ (b) medical expenses. _____
Explanation
The property damage coverage is
.
Sin...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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