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)\"\" \"About 
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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
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