Assuming no withdrawals are made, how much money is in shen’s account after 3 years

the train arrives at 20: 27 hope i

answer:   he will receive $21093.75 only.

explanation:

since we have given that

cost of house = $180,000

since he has a coinsurance clause of 75%,i.e. he does not fully insured his property.

amount the owner insured for the property = $101,250.

amount he lost in damage = $50,000

amount he will receive from insurance is given by

so, he will receive $21093.75 only.