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14 July, 21:46

The college's van used for student club activities was in an accident. The deductible on the policy is $200. and the damages were $ 2,953.96. What was the amount the insurance paid the body shop?

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  1. 14 July, 21:52
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    The amount the insurance paid = $2753.96

    Step-by-step explanation:

    Given,

    Deductible on policy = $200

    Total damage cost = $2953.96

    The amount the insurance paid = $2953.96 - $200

    The amount the insurance paid = $2753.96

    Percentage amount paid by the insurance = (2753.96 / 2953.96) * 100

    Percentage amount paid by the insurance = 93.259%
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