Question: Your home insurance settles clalms using the replacement value method for personal property losses. A microwave is stolen. Two years ago, it cost $250 and

Your home insurance settles clalms using the replacement value method for

Your home insurance settles clalms using the replacement value method for personal property losses. A microwave is stolen. Two years ago, it cost $250 and had an expected life of 8 years. A comparable microwave costs $460 today. What amount will the Insurance company pay? O $250 O $210 O $398 O $592 O $460 Type here to search

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