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 $8 comma 3008,300 for repairs on her car after an accident. What can be concluded about the blue-book value of the car?
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 $8 comma 3008,300 for repairs on her car after an accident. What can be concluded about the blue-book value of the car?