Hillview, Inc had property valued at 1,560,000 and insured for ...

[09madisonrousseau09]

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

[Harbringer]

Answer to Question 1

210,000

Answer to Question 2

principal

[09madisonrousseau09]

Thanks for the timely response, appreciate it

[flexer1n1]

TYSM