Math The table identifies the deductible included in an insurance policy and the loss suffered by the
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Math The table identifies the deductible included in an insurance policy and the loss suffered by the insured. Calculate the amount of the loss that must be paid by the insured and the insurer in each case.
Amount of Deductible Amount of Loss
a. $250 $825
b. $500 $450
c. $1,000 $2,420
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