Most insurance companies will replace a vehicle any time an estimated repair exceeds 80% of the blue
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Question:
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 $8,600 for repairs on her car after an accident. What can be concluded about the blue -book value of the car?
Related Book For
Managerial Accounting
ISBN: 978-0077826482
3rd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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