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An insurance policy pays 80% of the first $20,000 of a certain patient's medical expenses, 60% of the next $40,000, and 40% of the $40,000 after that. If the patient's total medical bill is $92,000, how much will the policy pay?

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An insurance policy pays 80% of the first $20,000 of a certain patient's medical expenses, 60% of the next $40,000, and 40% of the $40,000 after that. If the patient's total medical bill is $92,000, how much will the policy pay?






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