SOLUTION: Most insurance companies will replace a vehicle any time the estimated repair exceeds 80% of its 'blue book' value. Michelle's car had $7,100 in repairs after an accident. Wht ca
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Question 142717: Most insurance companies will replace a vehicle any time the estimated repair exceeds 80% of its 'blue book' value. Michelle's car had $7,100 in repairs after an accident. Wht can be concluded about its "blue book' value?
Answer by edjones(8007) (Show Source): You can put this solution on YOUR website!
Let x=the blue book value
.8x=7100
x=7100/.8
x=$8,875. at least according to the blue book.
.
Ed
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