This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Hillview, Inc had property valued at 1,560,000 and insured for 936,000. The fire insurance policy ... (Read 347 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Harbringer

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 24, 2018
Answer to Question 1

210,000

Answer to Question 2

principal


09madisonrousseau09

  • Member
  • Posts: 559
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Fire ant ball Fire ant ball
environmental policy environmental policy
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
If a fire were to occur, follow the evacuation plan. If a fire were to occur, follow the evacuation plan.
It is important for new employees to know the location of all fire extinguishers. (A) Pull the pin ... It is important for new employees to know the location of all fire extinguishers. (A) Pull the pin ...
Video: Hormonal regulation of blood pressure - RAA system

For a complete list of videos, visit our video library