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kris2685
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most insurance companies will replace a vehical anytime an estimate repaire exceeds 80 % of the "blue book" value if the vehical. Michelles insurance company paid $7500 for repaires on her car after an accident. what can be concluded about the blue book value of the car?
 one year ago
 one year ago
kris2685 Group Title
most insurance companies will replace a vehical anytime an estimate repaire exceeds 80 % of the "blue book" value if the vehical. Michelles insurance company paid $7500 for repaires on her car after an accident. what can be concluded about the blue book value of the car?
 one year ago
 one year ago

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mathstudent55 Group TitleBest ResponseYou've already chosen the best response.0
This means that $7500 is at most 80% of the value of her vehicle. Do a proportion to find the full blue book value: Full value: 100% $7500: 80% v/100 = 7500/80 Solve for v (value): 80v = 100 x 7500 80v = 750,000 v = 9,375 That means her vehicle is worth at least $9,375
 one year ago
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