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