John’s deductible for his home insurance plan is $2000. A hurricane damages the
siding on his house, and the insurance adjuster approves any repairs plus an 8% tax. The
repair company estimates that it will cost $4750 before tax.
A) What is the total amount of the repair that is covered?
B) How much will John have to pay if he has had no previous claims in the past year?
C) How much will the insurance company have to pay?