document.write( "Question 638981: Money is borrowed at 12% simple interest. After 1 year $896 pays off the loan. How much was borrowed originally? \n" ); document.write( "
Algebra.Com's Answer #402507 by reviewermath(1029)![]() ![]() You can put this solution on YOUR website! x + 0.12x = 896 \n" ); document.write( "1.12x = 896 \n" ); document.write( "x = 896/1.12 \n" ); document.write( "x = 800 \n" ); document.write( "Answer: $800 \n" ); document.write( " |