Plot and label 3 different points with x-coordinate 3.
1 answer:
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<u>Answer:</u>
A. $33,333.33
<u>Step-by-step explanation:</u>
This is the amount which the owner should have had at the time of loss:
80% of $90,000 = $72,000
But instead of $72,000, the owner had only $40,000.
It means that the owner had maintained of the totoal amount of insurance he should have had.
Therefore, the company will pay of the amount of loss.
The correct answer option is A. $33,333.33.