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What amount would a person with actual cash value ACV coverage receive for two year old furniture destroyrd by a fire The furniture would cost 1000 to replace today and had an estimated life of 5 yr?
Shhicks1
1000/5yrs = 200 per year depreciation
200*2 years old = 400
1000-400=600 to replace today
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∙ 11y ago
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