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Author Question: The Croyden Laundry company had multiple carrier fire insurance coverage on its plant and equipment ... (Read 63 times)

corkyiscool3328

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on: Jun 24, 2018
The Croyden Laundry company had multiple carrier fire insurance coverage on its plant and equipment in the amount of 3,750,000. The coverage was: 1,500,000 policy held by Metropolitan, 1,200,000 policy held by Kemper, and 1,050,000 held by Prudential. How much of a 326,400 loss would Kemper be responsible for?

Question 2

The amount of money that the borrower receives at the time a discounted note is made is known as the ___________________ _.
 Fill in the blank(s) with correct word


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mjenn52

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Reply #1 on: Jun 24, 2018
Answer to Question 1

104,448

Answer to Question 2

proceeds


corkyiscool3328

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Reply 2 on: Jun 24, 2018
Gracias!

Joy Chen

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Reply 3 on: Yesterday
Excellent

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