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Assume your 10-year old home originally cost $300,000. Unexpectedly, a fire totally destoys your home. Over the past 10 years, your home has increased in

Assume your 10-year old home originally cost $300,000. Unexpectedly, a fire totally destoys your home. Over the past 10 years, your home has increased in valude by 20 percent and is now worth $360,000. Under the replacement value coverage, what will the insurance company pay you?

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