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Mathematics, 18.03.2021 01:00 lilpump3506

Mel Adams has homeowners insurance that pays 90 percent of the replacement value of items damaged in a fire. He had a
fire in his kitchen, and the electric stove was damaged beyond
repair. Mel paid $350 for the stove five years ago. The cash
value of the stove before the fire was $100. A new stove with
the same features will cost $400. How much will his insurance
company pay?

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