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$297,000. a. If Colton suffered a $25,000 fire loss to the home, what percentage of the loss would be covered by his policy? Round your
$297,000. a. If Colton suffered a $25,000 fire loss to the home, what percentage of the loss would be covered by his policy? Round your answer to one decimal place. % What dollar amount of the loss would be covered by his policy? Enter the amount of the loss as a positive number. Round your answer to the nearest dollar. $ b. How much insurance on the home should Colton carry now to be fully reimbursed for a fire loss? Round your answer to the nearest dollar. $
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