After finding the money we were short with, we find that Option-b, that is, $2200 is the correct option.
Step-by-step explanation:
Given that the cost to repair the damaged car is $2700. We have $500.
Insurance company is a company that gives the payment of someone's valuable items when they are lost or get damaged. For example, home insurance, car insurance, life insurance and much more.
Here we can see that we are short with $2700 - $500 = $2200.
So, to complete the payment, insurance company will pay $2200.
