# algebra

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One health insurance policy pays for people claims by multiplying the claim amount by 0,8 and then subtracting\$500. Define a variable and write an equation for this situation. Find the claim amount for an insurance payment of \$4650

• algebra -

\$4650 represents the amount after the deductible of \$500.
So before the deductible of \$500, the insurable amount was \$4650+500=\$5150.
Since the payment rate is 0,8, the claimed amount was:
\$5150/0,8=\$6437,50

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