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Sally's house will cost $500,000 to rebuild new. Lightning hit her roof and the damage will cost $10,000 to replace the damaged property. The actual
Sally's house will cost $500,000 to rebuild new. Lightning hit her roof and the damage will cost $10,000 to replace the damaged property. The actual cash value of the damaged part is $6,000. How much will Sally's policy pay (don't forget the deductible)?
Question 14 options:
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$10,000
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$7,500
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$6,000
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$5,000
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