The amount of loss insurance company will pay if the replacement value of building is $ 260 , 000 and face value of the policy is $ 105 , 000 , coinsurance clause is 80 % and the amount of loss is $ 12000 .

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Answer 1

Question

Chapter 19, Problem 15AT

To determine

To calculate: The amount of loss insurance company will pay if the replacement value of building is $260,000 and face value of the policy is $105,000, coinsurance clause is 80% and the amount of loss is $12000.

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Answer 2

Question

Chapter 19, Problem 15AT

To determine

To calculate: The amount of loss insurance company will pay if the replacement value of building is $260,000 and face value of the policy is $105,000, coinsurance clause is 80% and the amount of loss is $12000.

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Answer 3

Question

Chapter 19, Problem 15AT

To determine

To calculate: The amount of loss insurance company will pay if the replacement value of building is $260,000 and face value of the policy is $105,000, coinsurance clause is 80% and the amount of loss is $12000.

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Answer 4

Question

Chapter 19, Problem 15AT

To determine

To calculate: The amount of loss insurance company will pay if the replacement value of building is $260,000 and face value of the policy is $105,000, coinsurance clause is 80% and the amount of loss is $12000.

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 5

Chapter 19, Problem 15AT

To determine

To calculate: The amount of loss insurance company will pay if the replacement value of building is $260,000 and face value of the policy is $105,000, coinsurance clause is 80% and the amount of loss is $12000.

Answer 6

Chapter 19, Problem 15AT

To determine

To calculate: The amount of loss insurance company will pay if the replacement value of building is $260,000 and face value of the policy is $105,000, coinsurance clause is 80% and the amount of loss is $12000.

Answer 7

Chapter 19, Problem 15AT

To determine

To calculate: The amount of loss insurance company will pay if the replacement value of building is $260,000 and face value of the policy is $105,000, coinsurance clause is 80% and the amount of loss is $12000.

Answer 8

Expert Solution & Answer

Answer 9

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Answer 10

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Answer 11

Ch. 19.I - Prob. 1TIE Ch. 19.I - Prob. 2TIE Ch. 19.I - Prob. 3TIE Ch. 19.I - Calculate the annual, semiannual, quarterly, and...Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Prob. 3RE Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Prob. 5RE Ch. 19.I - Calculate the annual. semiannual, quarterly, and...Ch. 19.I - Calculate the annual. semiannual, quarterly, and...

The amount of loss insurance company will pay if the replacement value of building is $ 260 , 000 and face value of the policy is $ 105 , 000 , coinsurance clause is 80 % and the amount of loss is $ 12000 .

Solution Summary: The author calculates the amount of loss insurance company will pay if the replacement value of building is 260,000 and the coinsurance clauses are 80%

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To calculate: The amount of loss insurance company will pay if the replacement value of building is $260,000 and face value of the policy is $105,000, coinsurance clause is 80% and the amount of loss is $12000.

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