How much would the company’s insurer pay for each loss if the policy contained the following type of deductible?

1. Nicholas owns a laptop computer that was stolen. The laptop cost $1000 when it was purchased five years ago. A similar laptop computer today can be purchased for $500. Assuming that the laptop was 50 percent depreciated at the time the theft occurred, what is the actual cash value of the loss? 2. A manufacturing firm incurred the following insured losses, in the order given, during the current policy year?Loss Amount of Loss A $ 2500 B 3500 C 10,000How much would the company’s insurer pay for each loss if the policy contained the following type of deductible? a. $1000 straight deductible