Last years freshman class at Big State University totaled 5,336 students. Of those 1,260 received a merit scholarship to help offset tuition costs their freshman year (although the amount varies per student). The amount a student received was N($3,459,$466). If the cost of full tuition was $4,200 last year, what percentage of students who received a merit scholarship did not receive enough to cover full tuition? (Round your answer to the nearest whole percent)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.2: Systems Of Linear Equations: Three Variables
Problem 61SE: Last year, at Haven's Pond Car Dealership, for a particular model of BMW, Jeep, and Toyota, one...
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Last years freshman class at Big State University totaled 5,336 students. Of those 1,260 received a merit scholarship to help offset tuition costs their freshman year (although the amount varies per student). The amount a student received was N($3,459,$466). If the cost of full tuition was $4,200 last year, what percentage of students who received a merit scholarship did not receive enough to cover full tuition? (Round your answer to the nearest whole percent)

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