Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A car insurance company charges insurance premium in proportion to the car's value. For a $12,000 car, the monthly premium is $85. Laney pays a

image text in transcribed
image text in transcribed

A car insurance company charges insurance premium in proportion to the car's value. For a $12,000 car, the monthly premium is $85. Laney pays a $120 monthly premium for her car. To the nearest dollar, how much is her car valued at?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Modern Systems Analysis And Design

Authors: Joseph Valacich, Joey George

8th Edition

9780134204925

Students also viewed these Mathematics questions

Question

Do the Ponders remind you in any way of someone you know? How so?

Answered: 1 week ago

Question

Explain how to evaluate a potential franchise.

Answered: 1 week ago

Question

Explain what a franchise is and how it operates.

Answered: 1 week ago

Question

Explore franchising in the international marketplace.

Answered: 1 week ago