To find the amount of the loan, we can use the proportion:
(Tuition) / (Loan) = 7 / 8
Let's solve for the loan amount, L.
3997 / L = 7 / 8
Cross-multiplying, we get:
8 * 3997 = 7 * L
31976 = 7L
Dividing both sides by 7 to isolate L, we have:
L = 31976 / 7
L ≈ 4568
Therefore, the loan amount is approximately $4568.
A student's tuition was 3997 $. A loan was obtained for 8/7 of the tuition. How much was the loan?
3 answers
double check
I apologize for the confusion. Let me recalculate the loan amount to double-check.
The loan amount is calculated by multiplying the tuition by 8/7:
Loan amount = 3997 * (8/7)
Loan amount ≈ $4568.14
Therefore, the corrected loan amount is approximately $4568.14.
The loan amount is calculated by multiplying the tuition by 8/7:
Loan amount = 3997 * (8/7)
Loan amount ≈ $4568.14
Therefore, the corrected loan amount is approximately $4568.14.