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Can you please work it out for me, so i can understand? 16 2S0 points value: Problem 8-7 (LO8.4) Kurt Simmons has 75/160/20 auto insurance

Can you please work it out for me, so i can understand?

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16 2S0 points value: Problem 8-7 (LO8.4) Kurt Simmons has 75/160/20 auto insurance coverage. One evening he lost control of his vehicle, hitting a parked car and damaging a storefront along the street. Damage to the parked car was $8,000, and damage to the store was $24,320 a. What amount will the insurance company pay for the damages? Insurance payment b. What amount will Kurt have to pay? Personal liability

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