F. Property insured for 70,000 with a 500 deductible suffers a loss of 65,000. How much will the insurance company pay? a 76,800 b 44,500 c 64,500 d 84,500

To determine how much the insurance company will pay, we need to consider the deductible and the actual loss.<br /><br />Given:<br />- Property insured for: $70,000<br />- Deductible: $500<br />- Loss suffered: $65,000<br /><br />The insurance company will pay the amount of the loss minus the deductible. <br /><br />So, the calculation is:<br />\[ \text{Insurance Payment} = \text{Loss} - \text{Deductible} \]<br />\[ \text{Insurance Payment} = \$65,000 - \$500 \]<br />\[ \text{Insurance Payment} = \$64,500 \]<br /><br />Therefore, the insurance company will pay $\$64,500$.<br /><br />The correct answer is:<br />c $\$64,500$