# Chapter 6 - Percent - 6.1 Basics of Percent - 6.1 Exercises: 60

$1160 #### Work Step by Step If Linda Redding needs 2320 dollars for school and living expenses this semester and she applied for a loan that covers 50% of the amount, this means that loan will cover half of the cost. Therefore, the loan will be worth$.5\times2320=1160$dollars. 50%$=50\div100=.52320\times.5=1160\$ dollars

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