Find the Amount Paid by Each of the Multiple Carriers

question 78

Multiple Choice

Find the amount paid by each of the multiple carriers.
-The Robinson Company had an insured fire loss of $708,000. It had insurance coverage as follows: Company A, $725,000; Company B, $500,000; and Company C, $200,000. Find the amount paid by
Each carrier assuming that the coinsurance requirement had been met.

• A)$364,350.88, $252,561.40, $91,087.72
• B)$358,140.35, $244,280.70, $105,578.95
• C)$362,280.70, $258,771.93, $86,947.37
• D)$360,210.53, $248,421.05, $99,368.42

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Definitions:

RNA

RNA, or ribonucleic acid, is a nucleic acid involved in coding, decoding, regulation, and expression of genes, playing a key role in protein synthesis and regulation.

Chemical Composition

The identity and relative number of the elements that make up any particular compound.

Missense Mutation

A type of base-pair substitution mutation that causes one amino acid to be substituted for another in the resulting protein product. Compare with nonsense mutation.

Amino Acid

Organic compounds that serve as the building blocks of proteins, essential for various metabolic processes.