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Author Question: Luigi's Pizzeria has insured its building with multiple companies for a total of 342,000, of which ... (Read 95 times)

bobthebuilder

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on: Jun 24, 2018
Luigi's Pizzeria has insured its building with multiple companies for a total of 342,000, of which 132,400 is with Rockford's. Assuming that all coinsurance requirements have been met, how much would Rockford's be responsible for in the event of a 152,000 fire?

Question 2

The process of selling a promissory note to a bank at any time before maturity is known as ___________________ _ a note.
 Fill in the blank(s) with correct word


zogaridan

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

58,844.44

Answer to Question 2

discounting


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