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If an insurance policy covers individual losses up to $10,000 and has a deductible of...

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Basic Math

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If an insurance policy covers individual losses up to $10,000 and has a deductible of $500, the insured will be paid how much in the event of a covered loss of $5,000?a)$10,000b)$4,500c)$500d)$9,500e)$5,500

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