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. Michelles insurance company paid $7,500 for repairs on her car after an accident. what can be concluded about the blue-book value of the car?
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Inequality
Percentage
Formulas
7500 ≤ 0.80 * x
x ≥ 7500 / 0.80
Theorems
Basic principles of inequalities
Percentage calculation
Suitable Grade Level
Grades 8-10
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