Question

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

Answer 1

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

Answer 2

The one above me is right


I think?