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Carissa Dalton has a $340,000 home insured for $264,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a

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Carissa Dalton has a $340,000 home insured for $264,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a claim of $14,000? Assume there is no deductible. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Amount paid

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