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If the Butterfields suffer a $47,000 homeowners loss due to fire, how much will the insurance company pay on the claim, accounting for any deductible

If the Butterfields suffer a $47,000 homeowners loss due to fire, how much will the insurance company pay on the claim, accounting for any deductible and co-pay provisions?

a. $45,193 b. $45,693 c. $46,500 d. $47,000

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