Boyd's car, which originally cost $20,000, has a market value of $12,000. She has collision insurance on the car with a $250. deductible. One night she skidded on some ice, slammed into a building, and completely destroyed her car. How much can she collect from the insurance company?

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The Answer of Boyd's car, which originally cost $20,000, has a market value of $12,000. She has collision insurance on the car with a $250. deductible. One night she skidded on some ice, slammed into a building, and completely destroyed her car. How much can she collect from the insurance company?

Boyd's Car, Which Originally Cost $20,000, Has a Market Value