Question: If Carissa has a $ 1 7 1 , 0 0 0 home insured for $ 1 2 0 , 0 0 0 , based

If Carissa has a $171,000 home insured for $120,000, based on the 80 percent coinsurance provision, how much would the insurance company pay for a claim of $12,200?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

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