Miguel's insurance company will replace his car if repair costs exceed 80% of the car's value. The car recently sustained $11600 in damage, but it was not replaced. What was the value of his car? a) = $145000? b) $14500? c) More than 9280? or d) Less than $14500?

I thought it was "c" but that doesn't seem right.

Question

Miguel's insurance company will replace his car if repair costs exceed 80% of the car's value.  The car recently sustained $11600 in damage, but it was not replaced.  What was the value of his car?  a) >= $145000?  b) $14500?  c) More than 9280? or d) Less than $14500?

I thought it was "c" but that doesn't seem right.

saifoo.khan · Answer

i have done this before! :(

anonymous · Answer

$$ \$11600 \le 0.8x, x \ge \$14500 $$

anonymous · Answer

less than 14500
80%=11600
100%=11600/80 *100=14500
as mentionned, car insurance is not replaced, its value must be less than 14500

dumbcow · Answer

car is greater than 14,500.
It can't be less, if car is worth say 14,000, then 80% is .8*14,000 = 11,200
11,600 > 11,200, thus the car would have been replaced

hero · Answer

Slight oversight by john

hero · Answer

I lost track of you

anonymous · Answer

Yea, it took me longer than I thought and then I keep losing my internet.  I am almost done though.