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Problem 8-4 (LO8.2) If Carissa Dalton has a $430,000 home insured for $336,000, based on the 80 percent coinsurance provision, how much would the insurance

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Problem 8-4 (LO8.2) If Carissa Dalton has a $430,000 home insured for $336,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a $18,500 claim? Assume there is no deductible. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Amount paid

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