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