Question

76% of all students who apply for a student loan are approved for the loan. Of the students who are approved, 84% pay the loan back in full. If 5,000 students from state school applied for a student loan, how many of them are expected to pay the loan back in full? I think I have the right answer, but for some reason i think it's a trick question. Thanks.

Answer 1

5000 * 0.76 * 0.84= number of students expected to pay back loan

Answer 2

is this what u did

Answer 3

there are 5,000 students who applied for a loan
76% of them, will be approved

of the 76% approved, only 84% of THAT will pay it back in full

so get 76% of 5,000, and 84% of THAT will pay the loan back in full

Answer 4

the answers are A. 3,040 B. 3,192 C. 3,800 D. 4,000 but I wanted to put choice D, but I think it's B.

Answer 5

you wanted to put D? and then....
well.. what did you get anyway?

Answer 6

I'm not sure what to put because now i think it's C. 3,800

Answer 7

why not just do the exercise?

Answer 8

MULTIPLY 5000 * 0.76 * 0.84

Answer 9

Hi Dss. that's what i did, but it doesn't have that choice. My answer is $4,200

Answer 10

but my choices are 1. 3,040 B. 3,192 c. 3,800 d. 4,000

Answer 11

I get B.

Answer 12

I did it again the way you told me and now I'm getting the same.Thank you so much.

Answer 13

5000 * .76 = 3800
3800 * .84 = 3190

Answer 14

If you type in 5000 * .76 * .84 you also get 3190