Final answer:
The original loan amount for a $112 weekly payment over a 12-year loan at a 1.1% annual interest rate requires using the present value of an annuity formula. Without the calculations, it's not possible to provide the exact loan amount, but the options can be compared to infer the most likely amount.
Step-by-step explanation:
To determine how much the original loan was for a $112 weekly payment toward a 12-year loan with an annual interest rate of 1.1%, we would typically use the formula for the present value of an annuity. This formula considers the payment amount, interest rate, and number of periods to calculate the initial loan amount, also known as the present value (PV). However, since the calculations and the exact formula are not included, we can only compare the provided options with the given weekly payment to reason out the most probable original loan amount.
Given that common loan payment calculations involve determining the payment amount based on the loan's interest and term, without the precise formula or calculator, it is not possible to provide the exact original loan amount. However, we can infer that the original loan price should be commensurate with the size of the payments over the total period of the loan. Bigger loans would require bigger payments or a longer-term to maintain the same payment size.