SOLUTION: money is borrowed at 14% simple interest.after one year, $1281.36 pays off the loan. how much was originally borrowed?

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Question 882115: money is borrowed at 14% simple interest.after one year, $1281.36 pays off the loan. how much was originally borrowed?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+x+%2B+.14x+=+1281.36+
+1.14x+=+1281.36+
+x+=+1124+
$1,124 was originally borrowed