SOLUTION: money is borrowed at 13% simple interest. after one year $1275.77 pays off the loan. how much was originally borrowed?

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Question 412183: money is borrowed at 13% simple interest. after one year $1275.77 pays off the loan. how much was originally borrowed?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
1275.77/1.13=1129