jayces insurance company pays for 90% of the cost of an ambulance ride, after he pays a $250 deductible. the…

jayces insurance company pays for 90% of the cost of an ambulance ride, after he pays a $250 deductible. the ambulance ride costs $1400. how much would jayce pay for an ambulance ride? $115 $140 $340 $365

jayces insurance company pays for 90% of the cost of an ambulance ride, after he pays a $250 deductible. the ambulance ride costs $1400. how much would jayce pay for an ambulance ride? $115 $140 $340 $365

Answer

Explanation:

Step1: Calculate cost after deductible

The cost after the deductible is $1400 - 250=1150$.

Step2: Calculate Jayce's share of remaining cost

The insurance pays 90%, so Jayce pays 10% of the remaining cost. 10% of 1150 is $0.1\times1150 = 115$.

Step3: Calculate total Jayce pays

Jayce also paid the deductible. So the total he pays is $115+250 = 365$.

Answer:

$365$