Find the amount paid by each of the multiple carriers.The Star Tool Company had an insured fire loss of $1,416,000. It had insurance coverage as follows: Company A, $4,500,000; Company B, $2,500,000; and Company C, $1,000,000. Find the amount paid by each carrier assuming that the coinsurance requirement had been met.
A. $855,500, $354,000, $206,500
B. $826,000, $413,000, $177,000
C. $767,000, $413,000, $236,000
D. $796,500, $442,500, $177,000
Answer: D
Mathematics
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