SOLUTION: Kathy borrowed some money. . She repaid the loan plus 10.5% of the original amount for interest. She paid back a total of $8287.50.How much money did she borrowed originally.
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Question 117082This question is from textbook Algebra 1
: Kathy borrowed some money. . She repaid the loan plus 10.5% of the original amount for interest. She paid back a total of $8287.50.How much money did she borrowed originally.
This question is from textbook Algebra 1
Answer by checkley71(8403) (Show Source): You can put this solution on YOUR website!
X+.105X=8287.5
1.105X=8287.5
X=8287.5/1.105
X=7,500 IS THE AMOUNT OF THE ORIGINAL LOAN.
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