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5.) What is the amount of insurance coverage for medical payments

6.)What is the amount of coverage on loss of use

5.) What is the amount of insurance coverage for medical payments 6.)What is the amount-example-1
User Fiat
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1 Answer

5 votes

For #6 Answer: C $21,000

Explanation:

First, you'll need to find the value of the replacement value.

Then, you'll need to find 15% of the replacement value.

1. 175,000 x 0.8 = 140000

2. 140000 x 0.15 = 21000

For #5, the answer is $59,500

350000 x 0.85 = 297500

297500 x 0.2 = 59500

User FastAl
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