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Find the amount to be paid by the insurance company. Assume the policy includes an 8 0 % coinsurance clause. Round to the nearest dollar.

Find the amount to be paid by the insurance company. Assume the policy includes an 80% coinsurance clause. Round to
the nearest dollar.
Replacement Cost of Building: $340,000
Face Value of Policy: $306,000
Amount of Loss: $2,500

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