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Author Question: Hillview, Inc had property valued at 1,560,000 and insured for 936,000. The fire insurance policy ... (Read 305 times)

09madisonrousseau09

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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


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Harbringer

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

210,000

Answer to Question 2

principal


09madisonrousseau09

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

xiaomengxian

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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