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Popolare Word Problems >

Money is borrowed at 10% in simple interest. After one year, 858 pays off the loan. How much was originally borrowed

Soluzione

M o n ey i s b orro w e d a t 10% in s im pl e in t eres t . A f t er o n e ye a r, 858 p a ys o ff t h e l o an . Ho w m u c h w a s or i g ina ll y b orro w e d

Soluzione

Principal : 780

Fasi della soluzione

Translate the problem into an equation:

858 = P (1 + 0.1 \cdot 1)

Risolvi per

P, 858 = P (1 + 0.1 \cdot 1) : P = 780

Principal : 780

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