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What amount would a person with actual cash value (ACV) coverage receive for three-year-old furniture destroyed by a fire? The furniture cost $2,520 originally but
What amount would a person with actual cash value (ACV) coverage receive for three-year-old furniture destroyed by a fire? The furniture cost $2,520 originally but would cost $5,040 to replace today and had an estimated life of four years. (Omit the "$" sign in your response.)
Actual cash value $
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