Question: Can you explain and correct what i did wrong on this problem please ? 3. Award: O out of 2.50 points Problem 8-4 (LO8.2) If
Can you explain and correct what i did wrong on this problem please ?

3. Award: O out of 2.50 points Problem 8-4 (LO8.2) If Carissa Dalton has a $300,000 home insured for $232,000, based on the 80 percent coinsurance provision, how much would the insurance company pay on a $12,000 claim? Assume there is no deductible. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Amount paid $9,600.00
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