Average families of 4 pay $3000 for their health insurance deductibles annually. There will be a 2/3 increase in the deductibles for next year. How much more will the average family pay in deductibles next year?
Choose one.
A) $1000	B) $2000	C) $3000	D) $4000	E) $5000
A certain percentage of questions in the Quant section of the GMAT are just 'math questions' - you'll use a formula, do some calculations and you'll have the answer. This is one of those types of questions. You still have to write everything down and stay organized, but the work involved is relatively straight-forward.   Here, we're told that the current annual deductible is $3000 and that the deductible is to be increased by 2/3. We're asked how MUCH MORE will the deductible cost a family next year.   Original Deductible = $3000   Increase in Deductible = 2/3   The answer is calculated by the equation:   $3000 × 2/3 = $2000.   $2000
<result>B</result>
Average families of 4 pay $3000 for their health insurance deductibles annually. There will be a 2/3 increase in the deductibles for next year. How much more will the average family pay in deductibles next year?