Respuesta :
So, you add 18,000 + 6,000= 24,000
Since 10/20 or 1/2 is covered by insurance you'd divide the amount in half.
24,000 divided by 2= 12,000
So, the answer is $12,000.
I hope this helps:)
Since 10/20 or 1/2 is covered by insurance you'd divide the amount in half.
24,000 divided by 2= 12,000
So, the answer is $12,000.
I hope this helps:)
Answer:
10/20 means $10,000 each occurrence/ $20,000 policy limit
so
Vic will get $10,000 from the insurance company (the "per occurrence" limit) and Billy will get $6,000 because there's still an additional $10,000 left over for "policy limit"
Insurance will pay $16,000
Step-by-step explanation: