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Ifthehomeowner'spolicycovers65%ofthereplacementcostandtheactualcashvalueofthelossis$14,000,whatwouldbetheamountofrecoveryiftherepaircostsamountto$23,000?
Actualcashvalue:$14,000
Repaircosts:$23,000
Coveragepercentage:65%
Replacementcost:?
Amountofrecovery:?

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