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Your TV is stolen. You bought the TV 3 years ago for $570 but because of its age, is worth only $425. Similar new TV's
Your TV is stolen. You bought the TV 3 years ago for $570 but because of its age, is worth only $425. Similar new TV's are selling for $650. Assuming that you have coverage for theft what amount will you receive from the insurance company if reimbursement is based on replacement cost (no deductible) ?
$ 650 | ||
$ 500 | ||
$ 150 |
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