coryhenry97 coryhenry97

18-09-2021
Mathematics

contestada

Money is borrowed at 10% simple interest. After one year, $918.50 pays off the loan. How much was originally borrowed

Respuesta :

ichigokurosaki69 ichigokurosaki69

18-09-2021

Answer:

$858.4

Step-by-step explanation:

Use simple interest formula A= P(1+rt)

We know t is 1 year

A is unknown P is 918 and r is 0.07

A= P (1+0.07)

918.5= P * 1.07

918.5/1.07=P

$858.4=P is the amount borrowed

Answer Link

Otras preguntas

everybody knows the name of Tagore ( change into an interrogative sentence)

What is the range of this function?

Triangle UVW is dilated with a scale factor of 1∕3 with the center of dilation at the origin. What are the coordinates of the resulting triangle U′V′W′? answers

A significant achievement by the Ming dynasty was that it restored order to the country by reinstating 1 2 7 a military government. an authoritarian government.

List five measures that you can take to prevent workplace illness,

Solve the following inequalities. Show all work and place a box around final answers. (1 pt each) 1. 10x-7 ≥ 3x

Account for the relevance of Human Relations to rural community development

Can someone please help me I really need help please help me thank you

Computer hardware without computer software is useless while computer software without computer hardware is meaningless. Discuss!

d View) - WordEnable Editinga. Find the angle between the sides AB and Ac of atriangle given that the area of thetriangle is 25cm- and the sides |AB| and |AC| a