# Algebra 1

posted by .

The University of Selectivity had an acceptance rate of 20 percent for the year 2006, with an incoming class of 300 freshmen. Between 2006 and 2007, the number of applications they received increased by 30 percent, but the number of students admitted remained the same. Rounded to the nearest percent, what is the university’s acceptance rate for 2007?

• Algebra 1 -

The number accepted was 300 both years.
There were 1500 applications in 2006.
There were 1.3*1500 = 1950 applications in 2007.
300/1950 = 15.385% is the 2007 acceptance rate.
Round that off to 15%

You don't need algebra for this.

You can also calculate
(1/1.3)*0.2 directly, and get the same answer

## Similar Questions

1. ### Algerbra

I have put together the math in words, please help me show the work in a math format. Info below To find the population growth rate subtract the population of 2006 from 2007. Divide that answer by the 2006 population. Australia’s …
2. ### Vision/Help me

I have put together the math in words, please help me show the work in a math format. Info below Note 1,2,3 To find the population growth rate subtract the population of 2006 from 2007. Divide that answer by the 2006 population. Australia’s …
3. ### ALGRBRA

have put together the math in words, please help me show the work in a math format. Info below Note 1,2,3 To find the population growth rate subtract the population of 2006 from 2007. Divide that answer by the 2006 population. Australia’s …
4. ### Accounting

On January 1, 2006 two individuals invested 510000 each to form Steve Corporation. Steve had total revenues of 240000 during 2006 and 250000 during 2007. Total expenses for the same periods were 120000 and 150000. Cash dividends paid …
5. ### Economics

The Federal Reserve board of governors has power to raise or lower short-term interest rates. Between 2005 and 2006, the fed aggressively increased the benchmark federal funds interest rate from 2.5 percent in February 2005 to 2.5 …
6. ### Economics

The Federal Reserve board of governors has power to raise or lower short-term interest rates. Between 2005 and 2006, the fed aggressively increased the benchmark federal funds interest rate from 2.5 percent in February 2005 to 2.5 …
7. ### micro economic

The sales tax rate applied to all purchases within a state was 0.04 (4 percent) throughout 2006 but increased to 0.05 (5 percent) during all of 2007. The state government collected all taxes due, but its tax revenues were equal to …
8. ### math

A university reported that its enrollment increased from 11,801 students in 2005-2006 to 12130 students in 2006-2007. What is the ratio of the number of students 2006-2007 to the number in 2005-2006
9. ### math

2. The sales tax rate applied to all purchases within a state was 0.04 (4 percent) throughout 2006 but increased to 0.05 (5 percent) during all of 2007. The state government collected all taxes due, but its tax revenues were equal …
10. ### Economics

The assessed value of Patty's residential property was \$200,000 in 2004. In 2006, the assessed value increased to \$225,000. The property tax rate in both years was 1.2 percent. Patty earned \$60,000 each year. Determine Patty’s property …

More Similar Questions