16. $350,000 17. $70,000 $300,000 $50,000 90 70 $125,000 $37,000 Calculate the amount to be paid by the insurance compa
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- 16 350 000 17 70 000 300 000 50 000 90 70 125 000 37 000 Calculate The Amount To Be Paid By The Insurance Compa 1 (14.23 KiB) Viewed 19 times
- 16 350 000 17 70 000 300 000 50 000 90 70 125 000 37 000 Calculate The Amount To Be Paid By The Insurance Compa 2 (41.47 KiB) Viewed 19 times
16. $350,000 17. $70,000 $300,000 $50,000 90 70 $125,000 $37,000
Calculate the amount to be paid by the insurance company for each of the following claims: Note: Refer to the text for input data. Exercise #16 Exercise #17 Replacement value of building = Face value of policy= Coinsurance clause (%) =[ Insurance required= Amount of loss = Amount of loss insurance will pay =