Bob has a $136,000 home insured for $105,000, based on the 80 percent co-insurance provision. a. How much would the insurance company pay on a $8,600 claim? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.) Amount paid $ 8299.63 b. If the claim was for $55,000, how much would the insurance company pay out? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.) Pay out $ c. Is the cost savings on the annual premium worth it? multiple choice Yes No