Answer: 862
Step-by-step explanation:
A deductible refers to the amount of money that one will have to pay himself or herself toward an insured loss.
It should be noted that when a disaster occurs, the amount of the deductible will be subtracted from the loss. Since the loss is 1612 and the deductible is 750, the insurance company will pay:
= 1612 - 750
= 862
