Basic College Mathematics (9th Edition)

Published by Pearson
ISBN 10: 0321825535
ISBN 13: 978-0-32182-553-7

Chapter 6 - Percent - Summary Exercises - Using the Percent Proportions and Percent Equation - Page 434: 21

Answer

242,620 loans were in default.

Work Step by Step

$x=.072\times3,370,000$ $x=242,640$
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