His car insurance has a 500 deductible after which the full


Paul’s car slid off the icy road, causing $2,500 in damage to his car. He was also treated for minor injuries, costing $1,300. His car insurance has a $500 deductible, after which the full loss is paid. His health insurance has a $100 deductible and covers 75% of medical cost (total).

What were Paul’s out-of-pocket costs from the incident?

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Finance Basics: His car insurance has a 500 deductible after which the full
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