Author Question: Hillview, Inc had property valued at 1,560,000 and insured for 936,000. The fire insurance policy ... (Read 333 times)

09madisonrousseau09 · **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