Please help me on this!
Jack has an insurance policy with a premium of $20 per month. In March, he's in an accident and receives a bill with a total cost of $1,500. His deductible is $500, and his coverage limit is $1000. How much total money will Jack pay for the accident in March?

Question 5 options:

$1500


$3000


$500


$20


$1000