
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 162
Solve the following application problems.
INSURANCE COMPANY PAYMENT A reckless driver caused Sandy Silva to collide with a car in another lane. Silva had 50/100 liability limits, $25,000 property damage limits, and collision coverage with a $100 deductible. Silva's car had damage of $1878, while the other car suffered $6936 in damages. he resulting lawsuit gave injury awards of $60,000 and $55,000, respectively, in damages for personal injury to the two people in the other car. Find the amount that the insurance company will pay for (a) repairing Silva's car, _____ (b) repairing the other car, _____ and (c) personal injury damages. (d) How much must Silva pay beyond her insurance coverage, including the collision deductible? _____
INSURANCE COMPANY PAYMENT A reckless driver caused Sandy Silva to collide with a car in another lane. Silva had 50/100 liability limits, $25,000 property damage limits, and collision coverage with a $100 deductible. Silva's car had damage of $1878, while the other car suffered $6936 in damages. he resulting lawsuit gave injury awards of $60,000 and $55,000, respectively, in damages for personal injury to the two people in the other car. Find the amount that the insurance company will pay for (a) repairing Silva's car, _____ (b) repairing the other car, _____ and (c) personal injury damages. (d) How much must Silva pay beyond her insurance coverage, including the collision deductible? _____
Explanation
Since Silva's car had damage of
and th...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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