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Solve the problem Assignment | Assignment Help Services

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1- Solve the problem. The Corner Cafe has a replacement cost of $262,000 and is insured for $186,020 with an 80% coinsurance clause. The building has a fire loss of $24,300. How much will the insurance company pay? Select one: a. $24,300 b. $25,880 c. $21,566 d. $17,253 2- Find the amount paid by each insurance company. Assume that any coinsurance requirement is met. Insurance loss: $15,000 Company A …

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