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if Andy's home is worth 260,000, what is his coverage for personal property

if Andy's home is worth 260,000, what is his coverage for personal property if insurance covers 50 percent?

2 months ago

Solution 1

Guest Guest #9239
2 months ago

Answer:

Amount covered by insurance = 130000

Step-by-step explanation:

Cost of Andy's home = 260000

Percentage covered by insurance = 50%

Amount covered by insurance = 50% of Cost of Andy's home

                                                   = 50% of 260000

                                                   = 0.50 * 260000         [50% written as a decimal is 0.50]

                                                   = 130000

Solution 2

Guest Guest #9240
2 months ago
\frac{50*260000}{100}=130000

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