Answer
Find out the insurance company's payment .
To proof
Deductible
The deductible is the amount of money you will pay in an insurance claim before the company starts paying you insurance coverage .
As given
Sally Jones had a policy with a $250 deductible which paid 80% of her .covered charges less deductible
She had medical expenses of $18,240.00.
Amount becomes after deducting deductible = $18,240 - $250
= $17990
80 % is written in the decimal form
[tex]= \frac{80}{100}[/tex]
now 80% of the Amount after deducting deductible
[tex]= \frac{80\times 17990}{100}[/tex]
= $ 14392
Therefore $ 14392 is the insurance company's payment .
Hence proved
