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Posted on Aug 16, 2024

The Corner Cafe has a replacement cost of $ 2 3 2 , 0 0 0 and is insured for $ 1 7 4 ,

The Corner Cafe has a replacement cost of $

232, 000

and is insured for $

174, 000

with an

80 %

coinsurance clause. The building has a fire loss of $

24, 500 .

How much will the

insurance company pay?

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