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If the value of the property is $250,000, the coinsurance percentage for the property is 80%, the limit of insurance for the property is $100,000,

If the value of the property is $250,000, the coinsurance percentage for the property is 80%, the limit of insurance for the property is $100,000, and the deductible is $250. Calculate the amount paid by the insurer if the amount of loss of property is $40,000.

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