Find the amount paid by each insurance company. Assume that any coinsurance requirement is met.Insurance loss: $15,000Company A coverage: $90,000Company B coverage: $10,000
A. A pays: $7,500
B pays: $7,500
B. A pays: $13,500
B pays: $1,500
C. A pays: $15,000
B pays: $0
D. A pays: $11,250
B pays: $3,750
Answer: B
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A.
B.
C.
D.
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