Question 146409

Let v=car's value


Since the company did not replace the car, this means that $8,000 is less than 80% of the car's value. 


So this means we have the inequality {{{8000 < 0.8*v}}}


{{{8000/0.8 < (cross(0.8)/cross(0.8))v}}} Divide both sides by 0.8



{{{10000 < v}}} Divide



So our answer is {{{v>10000}}} which means that the cars value is greater than $10,000