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For his business, Peter has four policy options for property insurance. The monthly premiums and deductibles are shown in the table. Property Insurance policy A

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For his business, Peter has four policy options for property insurance. The monthly premiums and deductibles are shown in the table. Property Insurance policy A Policy B Policy Policy D Monthly Premium $50 $20 $15 $30 Deductible $700 $1000 $2000 $800 If Peter's business experiences $1500 of property damage, which policy is cheapest over 12 months? Policy B Policy C Policy D Policy A

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