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Property valued at $140,000 was insured for $90,000. The policy contained an 80% coinsurance clause. A fire caused $56,000 in damages. Compute the amount the
Property valued at $140,000 was insured for $90,000. The policy contained an 80% coinsurance clause. A fire caused $56,000 in damages. Compute the amount the insurance company paid for repairs
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