QuestionA student’s tuition is \ $2264. A loan covers$ 7/4$ of it. What is the loan amount? The loan was for \$

Studdy Solution

STEP 1

Assumptions1. The tuition fee is $2264. The loan obtained is$ 7 /4$ of the tuition fee

STEP 2

To find the loan amount, we need to multiply the tuition fee by the fraction $7 /4$ .
$Loan\, amount = Tuition\, fee \\times \frac{7}{4}$

STEP 3

Now, plug in the given value for the tuition fee to calculate the loan amount.
$Loan\, amount = \$226 \\times \frac{7}{}$

STEP 4

Calculate the loan amount.
$Loan\, amount = \$2264 \\times \frac{7}{4} = \$3966$ The student's loan was for $3966.

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