This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Hillview, Inc had property valued at 1,560,000 and insured for 936,000. The fire insurance policy ... (Read 350 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jun 24, 2018
Hillview, Inc had property valued at 1,560,000 and insured for 936,000. The fire insurance policy contained an 80 coinsurance clause. Hillview suffered a 280,000 fire loss. How much would be paid by the insurance company?

Question 2

When a note is noninterest-bearing, the maturity value equals the ___________________ _.
 Fill in the blank(s) with correct word


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Harbringer

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 24, 2018
Answer to Question 1

210,000

Answer to Question 2

principal


09madisonrousseau09

  • Member
  • Posts: 559
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
It is important for new employees to know the location of all fire extinguishers. (A) Pull the pin ... It is important for new employees to know the location of all fire extinguishers. (A) Pull the pin ...
Distribution of the Property of Americans Distribution of the Property of Americans
Slope Fire Slope Fire
The environmental policy changes over time The environmental policy changes over time
Ring of Fire Ring of Fire
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library