
Jay T. answered 08/24/18
Tutor
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Retired Engineer/Math Tutor
Translating the statement into an equation is the first step. Let X be the number of last year's mortgage applications. Then, 1,795,397 is 91% of X. In equation form, that is:
.91*X = 1,795,397
X=1,795,397/0.91
X=1,972,964 (rounded up slightly)