document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=242819>Question 242819</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Your financial institution charged you 12% simple interest on a one year loan. If your total payback, including interest, is $2464, how much did you originally borrow? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #177793 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley77><B>checkley77(12844)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley77><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=177793\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> x(1+.12)=2464<BR>\n" );
document.write( "x*1.12=2464<BR>\n" );
document.write( "1.12x=2464<BR>\n" );
document.write( "x=2464/1.12<BR>\n" );
document.write( "x=$2,200 was the original loan. </SPAN>\n" );
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