asmith4047 asmith4047

21-02-2021
Mathematics

contestada

Money is borrowed at 9% simple interest after one year $1209.90 pays off the loan how much was originally borrowed

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aridjmahamat aridjmahamat

21-02-2021

Answer:

10,881$

Step-by-step explanation:

time = 1 year

amount paid = $1209.90

percent borrowed = 9%

therefore originally borrowed = $1209.90 X 9% X 1 year

Hope is correct

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mpk2008 mpk2008

21-02-2021

The one above me is right

I think?

Answer Link

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