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Calculate the insurance settlement based on the following information: A business has $175,000 worth of property damage as a result of a recent tornado; the insurance company agrees to pay for 95% of the damage; and the business has a deductible of $1,500.

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Calculate the insurance settlement based on the following information: A business has $175,000 worth of property damage as a result of a recent tornado; the insurance company agrees to pay for 95% of the damage; and the business has a deductible of $1,500.






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