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Problem 14, [5 pts] You have cash value coverage for your personal property on your homeowner's policy. Your camera cost $730 eight years ago and

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Problem 14, [5 pts] You have cash value coverage for your personal property on your homeowner's policy. Your camera cost $730 eight years ago and had a life expectancy of 15 years. The camera was stolen, and a new one will cost $9,500. How much will the insurance company pay? (Show your calculations)

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