michaelporche michaelporche

13-05-2023
Mathematics

Answered

A car owner pays an annual premium of $780 for automobile insurance, including liability coverage of up to $100,000. The car owner pays this for five years without needing to file a single claim. Then the car owner causes an accident for which the other driver is claiming $32,000 in damages. How much more expensive were the costs of the accident than what the car owner paid in premiums?

$3,900
$28,100
$35,900
$100,000

Answer :

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