"Eva Stone's home in Chicago was recently gutted in a fire. Her living and dining rooms were destroyed completely, and the damaged personal property had a replacement price of $42,000. The average age of the damaged personal property was 4 years, and its useful life was estimated to be 13 years. What is the maximum amount the insurance company would pay Eva, assuming that it reimburses losses on an actual cash-value basis? Round the answer to the nearest cent."

Maximum amount insurance company will pay =  $29,077 (Approx)

Explanation:

Given:

Amount of property replaced = $42,000

Average age [damaged personal property] = 4 years

Estimated life = 13 years

Find:

Maximum amount insurance company will pay

Computation:

Depreciation = $42,000[4/13]

Depreciation= $12,923 (approx)

Maximum amount insurance company will pay =  $42,000 - $12,923

Maximum amount insurance company will pay =  $29,077 (Approx)

convection currents in magma drive plate tectonics. the answer is true.

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.