Assume your 10-year-old home originally cost $300,000 and is expected to have a 50 year life. Unexpectedly,

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Assume your 10-year-old home originally cost $300,000 and is expected to have a 50 year life. Unexpectedly, a fire destroys your home and the home is now worth $350,000.

Under the actual cash value method, what will the insurance company pay you?

Posted Date: May 19, 2024 10:15 AM

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Assume your 10-year-old home originally cost $300,000 and is expected to have a 50 year life. Unexpectedly,

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