Question

if Andy's home is worth 260,000, what is his coverage for personal property if insurance covers 50 percent?

Answer 1

Answer:

Amount covered by insurance = 130000

Step-by-step explanation:

Cost of Andy's home = 260000

Percentage covered by insurance = 50%

Amount covered by insurance = 50% of Cost of Andy's home

                                                   = 50% of 260000

                                                   = 0.50 * 260000         [50% written as a decimal is 0.50]

                                                   = 130000

Answer 2

$\frac{50*260000}{100}=130000$