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Assume that the insured has a $10,000 loss and a $250 straight deductible taken from the loss. The insured has $8,000 of insurance. How much

Assume that the insured has a $10,000 loss and a $250 straight deductible taken from the loss. The insured has $8,000 of insurance. How much will the insurer pay for this loss? Select one: a. $10,000 b. $8,000 c. $9,750 d. $7,750

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