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Which of the Following Equations Is Accurate

Question 22

Multiple Choice

Which of the following equations is accurate?


A) Insurance reimbursement = amount of insurance required / amount of insurance in force) x amount of loss
B) Insurance reimbursement = amount of insurance in force / amount of loss) x amount of insurance required
C) Insurance reimbursement = amount of insurance in force / amount of insurance required) x amount of loss
D) None of the aboveز
E) None of the above

Correct Answer:

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