8. Your house had a busted water pipe and you have water damage to your bathroom. The repairs will cost $1,200. Your homeowner's insurance policy has a $500 deductible. You pay a monthly premium of $99 for your coverage (6 points) How much will insurance pay? ANSWER: a Show your work/explain reason: b How much will you have to pay? ANSWER: Show your work/explain reason: 9. You fall out of your sunroof in your car, break your leg, and are rushed to the emergency room. You have an Anthem health insurance policy that covers emergency room visits in-network at 100% and out-of-network at 50%. Your policy also contains a co-pay for all ER visits ($50 in-network, $100 out-of-network). The closest hospital is out-of-network. The total emergency room visit costs $2,000 (6 points) a How much will insurance pay? ANSWER: Show your work/explain reason: b How much will you have to pay? ANSWER: Show your work/explain reason: 10. Which is a better deal 3 for 50 89 or 6 for $1.99? (4 points) ANSWER: Show your work: 11. Which is a better deal 24 oz for $2.59 or 15 oz for $1897 (4 points)