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Problem 8-4 (LO8.2) If Carissa Dalton has a $450,000 home insured for $352,000, based on the 80 percent coinsurance provision, how much would the
Problem 8-4 (LO8.2) If Carissa Dalton has a $450,000 home insured for $352,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a claim of $19,500? Assume there is no deductible. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Amount paid $ 9,777 78
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