How much Kemper will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

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Answer 1

Question

Chapter 19, Problem 20AT

(a)

To determine

To calculate: How much Kemper will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

(b)

To determine

To calculate: How much Metropolitan will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

(c)

To determine

To calculate: How much The Hartford will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

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Answer 2

Question

Chapter 19, Problem 20AT

(a)

To determine

To calculate: How much Kemper will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

(b)

To determine

To calculate: How much Metropolitan will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

(c)

To determine

To calculate: How much The Hartford will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

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Answer 3

Question

Chapter 19, Problem 20AT

(a)

To determine

To calculate: How much Kemper will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

(b)

To determine

To calculate: How much Metropolitan will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

(c)

To determine

To calculate: How much The Hartford will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

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Answer 4

Question

Chapter 19, Problem 20AT

(a)

To determine

To calculate: How much Kemper will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

(b)

To determine

To calculate: How much Metropolitan will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

(c)

To determine

To calculate: How much The Hartford will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

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Answer 5

Chapter 19, Problem 20AT

(a)

To determine

To calculate: How much Kemper will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

(b)

To determine

To calculate: How much Metropolitan will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

(c)

To determine

To calculate: How much The Hartford will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

Answer 6

Chapter 19, Problem 20AT

(a)

To determine

To calculate: How much Kemper will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

Answer 7

Chapter 19, Problem 20AT

(a)

To determine

To calculate: How much Kemper will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

Answer 8

(b)

To determine

To calculate: How much Metropolitan will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

Answer 9

(b)

To determine

To calculate: How much Metropolitan will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

Answer 10

(c)

To determine

To calculate: How much The Hartford will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

Answer 11

(c)

To determine

To calculate: How much The Hartford will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

Answer 12

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Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

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...

How much Kemper will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

Solution Summary: The author calculates how much Kemper will be responsible for in the event of a 430,000 fire.

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To calculate: How much Kemper will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

To calculate: How much Metropolitan will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

To calculate: How much The Hartford will be responsible for in the event of a $430,000 fire, if in the total coverage of $2,960,000 Kemper has a policy of $1,350,000, Metropolitan has a policy of $921,000 and the Hartford has a policy of $689,000.

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Chapter 19 Solutions