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.

Algebra ->  Equations -> 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.       Log On


   

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) About Me  (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.