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Author Question: Chirag's Greenhouse owns a building valued at 225,000, but has decided to insure it for only ... (Read 53 times)

Engineer

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on: Jun 24, 2018
Chirag's Greenhouse owns a building valued at 225,000, but has decided to insure it for only 110,000. His insurance policy stipulates coinsurance of 50. If a fire were to cause 170,000 in damage, how much would the insurance company pay on the claim?

Question 2

The amount of money being borrowed or invested is known as the ___________________ _.
 Fill in the blank(s) with correct word


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jazzlynnnnn

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

166,222.22

Answer to Question 2

principal


Engineer

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

shewald78

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Reply 3 on: Yesterday
Excellent

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