Math Compute the out-of-pocket expenses in the following situation: Toms medical insurance will pay 80 percent of

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Math Compute the out-of-pocket expenses in the following situation:

Tom’s medical insurance will pay 80 percent of the cost of a procedure.

The policy sets an allowable limit for the procedure at $1,000. Tom’s doctor bills the insurer for $1,300. How much will Tom have to pay?

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Managing Your Personal Finances

ISBN: 9781305076815

7th Edition

Authors: Joan S. Ryan, Christie Ryan

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