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If Carissa has a $157,000 home insured for $120,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a

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If Carissa has a $157,000 home insured for $120,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a $8,700 claim? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Amount paid

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