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vlademirsimon vlademirsimon
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10 months ago
Jerome insured his home for $120,000. He purchased it for $125,000 and the recent fair market value is $110,000. He recently had a kitchen fire that extended its damage to the foundation. It looks like his home is beyond repair. What is the most he can recover from his insurance policy?

▸ $120,000

▸ $115,000

▸ $110,000

▸ $125,000
Textbook 
Personal Finance

Personal Finance


Edition: 2nd
Author:
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blf1210blf1210
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10 months ago
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vlademirsimon Author
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10 months ago
Good timing, thanks!
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this is exactly what I needed
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