The most Sheldon should pay in one calendar year is $9,750
Deductible is a term used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.
Given that :
Premium = $250
Deductible = $3500
Maximum out-of-pocket expenses = $6000.
Then, the maximum he should pay in one calendar year is:
= $250 + $3,500 + $6,000
= $9,750
Therefore, the maximum he should pay in one calendar year is $9,750
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