document.write( "Question 984941: 76% of all students who apply for a student loan are approved for the loan.
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document.write( "Of the students who are approved 84% pay the loan back in full.
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document.write( "If 5000 students from state school applied for student loan how many of them are expected to pay the loan back in full? \n" );
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Algebra.Com's Answer #605835 by mathmate(429)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "Given: \n" ); document.write( "5000 students from state school applied for student loan, of which 76% are approved. \n" ); document.write( "Out of the approved loans, 84% repay the loan in full. \n" ); document.write( " \n" ); document.write( "Need: \n" ); document.write( "How many students out of the 5000 are expected to repay in full? \n" ); document.write( " \n" ); document.write( "Solution: \n" ); document.write( "Number of applications = 5000 \n" ); document.write( "Number of loans approved = 5000*0.76 = 3800 \n" ); document.write( "Number of loans repaied = 3800*0.84 = 3192 \n" ); document.write( " \n" ); document.write( "Answer: \n" ); document.write( "3192 loans out of 5000 will be repaid in full. \n" ); document.write( " |