Problem
A group of 9 friends invest equally in a business opportunity that costs $20,000. If n more friends were to take part evenly in the investment...
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So What?
Math questions involving two equations and two unknowns can usually be combined into one equation with one unknown.
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Get the Inside Information about this school
- Independent Methodist 4-year, founded 1835
- Calendar semesters
- Degree bachelor's
- Small-town 565-acre campus with easy access to Detroit
- Endowment $136.6 million
- Coed, 1,979 undergraduate students, 98% full-time, 56% women, 44% men
- Moderately difficult entrance level, 82% of applicants were admitted
Costs (2005 - 06)
- Comprehensive fee: $31,224 includes full-time tuition ($24,012), mandatory fees ($284), and room and board ($6928). Part-time tuition: $1020 per semester hour
- Room and board: college room only: $3388. Room and board charges vary according to housing facility
- Payment plans: tuition prepayment, installment, deferred payment
- Waivers: children of alumni and employees or children of employees
Financial Aid
- Of all full-time matriculated undergraduates who enrolled in 2005,: 1,388 applied for aid, 1,179 were judged to have need, 698 had their need fully met. 569 Federal Work-Study jobs (averaging $1277)
- In 2005,: 715 non-need-based awards were made
- Average percent of need met: 94%
- Average financial aid package: $20,101
- Average need-based loan: $4444
- Average need-based gift aid: $15,969
- Average non-need-based aid: $11,250
- Average indebtedness upon graduation: $23,010
Freshmen
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Admission 1,946 applied, 1,593 admitted, 574 enrolled, 3.55 average high school GPA
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Average high school GPA 3.55
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Test scores SAT verbal scores over 500 82%, SAT math scores over 500 93%, ACT scores over 18 98%, SAT verbal scores over 600 47%, SAT math scores over 600 63%, ACT scores over 24 62%, SAT verbal scores over 700 8%, SAT math scores over 700 11%, ACT scores over 30 9%
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