How much will david receive from the insurer
Problem
David insured a building worth 100.000$ for 60.000S with a property insurance policy that provided for an 80% coinsurance clause if there is a loss of $20,000, how much will David receive from the insurer?
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David insured a building worth 100.000$ for 60.000S with a property insurance policy that provided for an 80%. How much will David receive from the insurer?
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