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Calculate the amount to be paid (in $) by the insurance company for the claim. (Round your answer to the nearest cent.) Replacement NOTES Value

Calculate the amount to be paid (in $) by the insurance company for the claim. (Round your answer to the nearest cent.) Replacement NOTES Value of Building Face Value of Policy Coinsurance Clause (%) Amount of Loss Amount of Loss Insurance Company Will Pay $420,000 $225,000 70 $170,000 Need Help? Read It

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