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When Carolina’s house burned down, she lost household items worth a total of $125,000. Her house was insured for $225,000 and her homeowner’s policy provided coverage for personal belongings up to 70 percent of the insured value of the house. a. Calculate how much insurance coverage Carolina's policy provides for her personal possessions. Personal property coverage $ b. Will she receive full payment for all of the items destroyed in the fire?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91787290

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