Mr. Green’s 24-year old son still lives at home while attend…
Mr. Green’s 24-year old son still lives at home while attending college part-time. The son also has an apartment near his college campus. His stereo is stolen from the apartment. The stereo has a $1,400 replacement cost, and an actual cash value of $900. If there is a $200 deductible on Section I, how much will the HO‑2 contract pay for the stolen stereo?