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Ryan37sport Ryan37sport
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The Jordan Company building was valued at $400,000. The building was insured for $200,000. The policy contained an 80% coinsurance clause. A fire caused $180,000 in damages. Compute the amount of the fire damage the Jordan company had to pay.
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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collegelife_288collegelife_288
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