Assume you have a home that would cost $265,000 to replace. You currently have the home insured for $235,000. Last night there was a tornado which damaged your home, causing an estimated $40,000 worth of damages. How much will your insurance company pay for repairing the damage to your home? $40,000 $38,746 $37,642 $32,484

Assume you have a home that would cost $265,000 to replace. You currently have the home insured for $235,000. Last night there was a tornado which damaged your home, causing an estimated $40,000 worth of damages. How much will your insurance company pay for repairing the damage to your home? $40,000 $38,746 $37,642 $32,484

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter3: Math Models

Section3.2: Solve Percent Applications

Problem 3.43TI: Sean’s new car loan statement said he would pay $4,866.25 in interest from an interest rate of 8.5%...

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