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Consider the loss from fire damage of furniture which cost $6000 three years ago and has an expected life of ten years. This furniture would

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Consider the loss from fire damage of furniture which cost $6000 three years ago and has an expected life of ten years. This furniture would cost $9000 to purchase today. Under a replacement cost policy, how much would the insurance company pay you for this loss? Select one: O a. $6000 O b. $9000 c. $4200 O d. 56300

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