Assume you have a home that would cost $265,000 to replace. You currently have the home insured for $235,000. Last night there was a tornado which damaged your home, causing an estimated $40,000 worth of damages. How much will your insurance company pay for repairing the damage to your home? $40,000 $38,746 $37,642 $32,484

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 14E
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Assume you have a home that would cost $265,000 to replace. You currently have the home insured for $235,000. Last night there was a tornado which damaged your home, causing an estimated $40,000 worth of damages. How much will your insurance company pay for repairing the damage to your home? $40,000 $38,746 $37,642 $32,484

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