If you had $25,000 damage to your home, and the replacement value of the home is $200,000. If you insure the home with a $120,000 policy and a 1% deductible. How much will the insurance company pay on this loss if the policy has an 80% co-insurance feature?

$17,550

13,800

18,800

$20,000

What is the present value of a 5% coupon bond that matures in 25 years, if the current market rate on identical bonds is 6.5%? (nearest$1)

$817

$923

$798

$845

PLEASE HELP ON BOTH PARTS OF QUESTION WILL RATE