Math Problem Statement
Beth currently pays a car insurance premium of $4,200 per year. This is 25% more than it was a few years ago. How much did Beth pay then? $
Solution
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Math Problem Analysis
Mathematical Concepts
Percentage Increase
Algebra
Formulas
Current Premium = Previous Premium + (Percentage Increase * Previous Premium)
4200 = 1.25 * Previous Premium
Previous Premium = 4200 / 1.25
Theorems
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Suitable Grade Level
Grades 6-8