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Kiyaa Kiyaa
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8 months ago
The owner of property valued at $150,000 insured the property for $75,000 for one year at a premium rate of $4.90 per thousand. The policy carried a 75% coinsurance clause. A fire caused $56,250 in damages. Compute the amount the property insurance and repairs for fire damage cost the insured that year.
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Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
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chelzchelz
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8 months ago
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Kiyaa Author
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8 months ago
Smart ... Thanks!
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Just got PERFECT on my quiz
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You make an excellent tutor!
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