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Money is borrowed at 16% simple interest. After one year, $1266.72 pays off the loan. How much was originally borrowed

Money is borrowed at 16% simple interest. After one year, $1266.72 pays off the loan. How much was originally borrowed
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Money is borrowed at 16% simple interest. After one year, $1266.72 pays off the loan. How much was originally borrowed

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User YetAnotherBot
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1 Answer

5 votes

Answer: $975 was the loan

Explanation:

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User Nhisyam
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