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please i need to solve all these problems in the images with explanations Markup as a Percent of Selling Price Expense Comparison Auto Repair Order

please i need to solve all these problems in the images with explanations image text in transcribedimage text in transcribedimage text in transcribed

Markup as a Percent of Selling Price Expense Comparison Auto Repair Order 80% Coinsurance Clause 27. Jan Wallingford carries $86,500 in tornado insurance on her house and garage. The policy has an 80% coinsurance clause and a $100 deductible clause. The present value of the house is $126,000. How much of a $14,000 tornado loss will the company pay? Borrowing Money 28. Josh Johnston purchased a 5-piece drum set for $579. His bank loaned him the money at 18% interest. Josh repaid the money in 12 months. a. How much interest did he pay? b. What was the total amount Josh paid the bank

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