Find the amount paid by each insurance company. Assume that any coinsurance requirement is met.Insurance loss: $48,000Company A coverage: $180,000Company B coverage: $20,000

A. A pays: $36,000
B pays: $12,000
B. A pays: $48,000
B pays: $0
C. A pays: $43,200
B pays: $4800
D. A pays: $24,000
B pays: $24,000


Answer: C

Mathematics

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