This topic contains a solution. Click here to go to the answer

Author Question: Chirag's Greenhouse owns a building valued at 225,000, but has decided to insure it for only ... (Read 65 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
Chirag's Greenhouse owns a building valued at 225,000, but has decided to insure it for only 110,000. His insurance policy stipulates coinsurance of 50. If a fire were to cause 170,000 in damage, how much would the insurance company pay on the claim?

Question 2

The amount of money being borrowed or invested is known as 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

jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

166,222.22

Answer to Question 2

principal




Engineer

  • Member
  • Posts: 527
Reply 2 on: Jun 24, 2018
Excellent


alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

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

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

For a complete list of videos, visit our video library