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

Author Question: Patrick is planning on buying a restaurant valued at 235,000. If Patrick buys an 80 coinsurance ... (Read 150 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
on: Jun 24, 2018
Patrick is planning on buying a restaurant valued at 235,000. If Patrick buys an 80 coinsurance policy, how much coverage will he have for the restaurant?

Question 2

The Weinmans own a clothing store which they cover with an 80 coinsurance policy. If the value of the hardware store is 124,000, what is the Weinman's amount of coverage?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

javimendoza7

  • Sr. Member
  • ****
  • Posts: 293
Reply #1 on: Jun 24, 2018
Answer to Question 1

188,000; 235,000  0.80 = 188,000

Answer to Question 2

99,200; 124,000  0.80 = 99,200


kwoodring

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jun 24, 2018
Thank you :)


javimendoza7

  • Sr. Member
  • ****
  • Posts: 293
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Buying a Telescope Buying a Telescope
Buying a Telescope Buying a Telescope
Critical thinking and the process of planning care Critical thinking and the process of planning care
Critical thinking model for safety planning Critical thinking model for safety planning
Six-Step Process for Goal-Oriented Planning Six-Step Process for Goal-Oriented Planning
Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library