$870
Since the coverage is replacement cost coverage, the replacement cost of the sofa will be taken into account. The book valueis irrlevant and hence amount received = Replacement cost = $870.
Question 15 please! Question 15 (0.15 points) How much would you receive with replacement cost coverage...
How much would a homeowner receive with actual cash-value coverage and replacement cost coverage for a three-year old sofa destroyed by a fire? The sofa would cost $1,170 to replace today, whereas it cost $1,049 three years ago, and it has an estimated life of six years. With actual cash-value coverage, the amount the owner would receive for the sofa would be $_____ (Round to the nearest dollar.)
1-How much would you receive with replacement cost coverage for a four-year-old sofa destroyed by fire? The sofa would cost $885 to replace today, whereas it cost $800 four years ago and had an estimated life of 8 years. 2-You made a tax-deductible contribution to your individual retirement account (IRA) of $3900 this year. You pay a marginal tax rate of 25%. How much money do you save on taxes this year due to your IRA contribution?
1-How much would you receive with replacement cost coverage for a four-year-old sofa destroyed by fire? The sofa would cost $885 to replace today, whereas it cost $800 four years ago and had an estimated life of 8 years. 2-You made a tax-deductible contribution to your individual retirement account (IRA) of $3900 this year. You pay a marginal tax rate of 25%. How much money do you save on taxes this year due to your IRA contribution?
How much would you receive with actual cash-value coverage for a four-year-old sofa destroyed by fire? The sofa would cost $840 to replace today, whereas it cost $800 four years ago and had an estimated life of 8 years. Your Answer:
How much would you receive with actual cash-value coverage for a four-year-old sofa destroyed by fire? The sofa would cost $890 to replace today, whereas it cost $800 four years ago and had an estimated life of 8 years.
Question 8 & 9 please!! Thank you! Question 8 (0.5 points) How much would you receive with replacement cost coverage for a four-year-old sofa destroyed by fire? The sofa would cost $830 to replace today, whereas it cost $800 four years ago and had an estimated life of 8 years. Your Answer: Answer Question 9 (0.5 points) You have take home pay of $725 a week. Your disability insurance coverage replaces 75% of your earnings after a four-week waiting period....
Question 13 & 14 please! Thank you! Question 13 (0.15 points) You have take home pay of $975 a week. Your disability insurance coverage replaces 75% of your earnings after a four-week waiting period. What amount would you receive in disability benefits if an illness keeps you from work for 18 weeks? Your Answer: Answer DView hint for Question 13 Question 14 (0.15 points) How much would you receive with actual cash-value coverage for a four-year-old sofa destroyed by fire?...
What amount would a person with actual cash value coverage receive for four-year-old furniture destroyed by a fire? The furniture would cost $2,000 to replace today and had an estimated life of eight years.
What amount would a person with actual cash value coverage receive for five-year-old furniture destroyed by a fire? The furniture would cost $6,500 to replace today and had an estimated life of ten years. Insurance payment
What amount would a person with actual cash value (ACV) coverage receive for two- year-old furniture destroyed by a fire? The furniture would cost $5,000 to replace today and had an estimated life of five years. Insurance payment $