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Cheyenne Has a Home Insured for $300,000

Question 83

Multiple Choice

Cheyenne has a home insured for $300,000.It would cost $320,000 to rebuild her home.If she has home insurance that provides personal property coverage at 70% of value,how much of her belongings would be covered?


A) $120,000
B) $210,000
C) $224,000
D) $300,000
E) $320,000

Correct Answer:

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