Ditzy19 Ditzy19
  • 24-10-2016
  • Mathematics
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Harry Joodini has insured his home for 85% of its replacement value of $185,000. Use the chart to determine the amount of coverage for loss of use to the nearest cent

Harry Joodini has insured his home for 85 of its replacement value of 185000 Use the chart to determine the amount of coverage for loss of use to the nearest ce class=

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nobillionaireNobley
nobillionaireNobley nobillionaireNobley
  • 05-11-2016
Total coverage = 0.85 x 185,000 = $157,250

Coverage for Loss of Use = 0.25 x 157250 = $39,312.50
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