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kris2685

  • 3 years ago

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?

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  1. mathstudent55
    • 3 years ago
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    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

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