Calculate the Amount to Be Paid by the Insurance Company

question 18

Short Answer

Calculate the amount to be paid by the insurance company for the claim. $$\begin{array} { l l l l l } \text { Replacement } & & & & \text { Amount of Loss } \\\text { Value of } & \text { Face Value } & \text { Coinsurance } & \text { Amount } & \text { Insurance Co. } \\\text { Building } & \text { of Policy } & \text { Clause } & \text { of Loss } & \text { Will Pay } \\\$ 600,000 & \$ 420,000 & 80 \% & \$ 180,000 &\end{array}$$

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Definitions:

Hypocotyl

The part of the axis of a plant embryo or seedling below the point of attachment of the cotyledons.

Radicle

The embryonic root of a plant, which is the first part to emerge from a germinating seed, enabling the seedling to anchor to the soil and absorb water.

Cotyledons

The first leaves that appear from a germinating seed, essential for photosynthesis and nutrient storage during early plant development.

Nicotine

An addictive substance found in tobacco, acting as a stimulant in low doses and a relaxant in higher doses, affecting the nervous system.