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    Exam 10: Managing Property and Liability Risk
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    What Is the Actual Cash Value for a Computer with a Life
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What Is the Actual Cash Value for a Computer with a Life

Question 11

Question 11

Multiple Choice

What is the actual cash value for a computer with a life expectancy of seven years that was purchased two years ago for $1,800 and would cost $2,300 to replace?


A) $1,800
B) $1,286
C) $1,643
D) $2,300

Correct Answer:

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