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Ifthehomeowner'spolicycovers40%ofthereplacementcostandtheactualcashvalueofthelossis$12,000,whatwouldbetheamountofrecoveryiftherepaircostsamountto$30,000?
Actualcashvalue:$12,000
Repaircosts:$30,000
Coveragepercentage:40%
Replacementcost:?
Amountofrecovery:?

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