Question 373602
The basic formula for Interest is
I = p*r*t
let loan amount be $x
at 7% for 1.25 years
interest =  0.075x* 1.25
...
0.07*1.25*x +x =815.63
1.0875x = 815.63
x = 815.63/1.0875
x = $750 
...
m.ananth@hotmail.ca