Solve the problem using the table below.In addition, options can be added to the base coverage including the following: identity theft/fraud protection-$20/year; sewer/sump pump backup protection-$75/year. Extended coverage endorsements beyond the maximum coverage amounts can also be added for specific personal property. Endorsements can be added for: jewelry, watches, and furs-$0.85/$100/year; camera equipment-$1.35/$100/year; computer equipment-$0.95/$100/year; fine art and collectibles-$1.10/$100/year; firearms and accessories-$1.45/ $100/year; and portable tools-$3.25/$100/year.A home with a replacement value of 

src="https://sciemce.com/media/4/ppg__ttttt0617191018__f1q5g2.jpg" alt="" style="vertical-align: -4.0px;" /> is insured in a policy that contains an 80% coinsurance clause. The face value of the policy is  If a fire causes damage valued at  find the amount of compensation to the owner by the insurance company.



A. $2400

B. $2667

C. $3375

D. $3000


Answer: D

Mathematics

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