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Jeremy lost a wing on his house, which resulted in an outlay of $250,000 to replace it. The replacement cost on the house was $900,000,
Jeremy lost a wing on his house, which resulted in an outlay of $250,000 to replace it. The replacement cost on the house was $900,000, and he had $500,000 of insurance. His policy had an 80 percent coinsurance clause. How much will the insurance company reimburse him for?
(Round your answer to the nearest whole dollar. Omit the comma and "$" sign in your response.)
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