Math Problem Statement

Most insurance companies will replace a vehicle any time an estimated repair exceeds 80% of the "blue-book" value of the vehicle. Michelle's insurance company paid $5,300 for repairs on her car after an accident. vhat can be concluded about the blue-book value of the car?

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Inequalities
Percentages

Formulas

5300 ≤ 0.80 × blue-book value
x ≥ 5300 / 0.80

Theorems

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Suitable Grade Level

Grades 7-9