Calculate the unit price of the following item:
1 answer:
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Answer: $7200
Step-by-step explanation:
Given
The policy covers the damage of $50,000 PIP
He injured 10 people including himself
The total cost of injuries is $72,000
The cost per person is $7200
The company only pays for the damaged bear by the policyholder, not by the others.
the company only pays $7200 in coverage.