Question: Hello I need help on how to solve this problem step by step,please. I am so sorry for the pciture and I wrote it down.

Hello I need help on how to solve this problem step by step,please. I am so sorry for the pciture and I wrote it down.

Money is borrowed at 7?% simple interest. After one?year, ?$630.23 pays off the loan. How much was originally?borrowed?

Hello I need help on how to solve this problem step by

3)Money is borrowed at 7 % simple interest . After one year, $ 630. 23 pays off the lan How much was originally borrowed

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

Part 1: Handling Conflict Task: Read the following article "Handling Conflict" and complete the embedded questions. CONFLICT - How do you handle it? Do you: Run away? Depending on the argument, you...

Q:

Hello. I need help on how to solve the 1CP 1P problem of integrated accounting 8th edition? I am confused on the adjustments and which account to debit/credit. I need a step by step guide on how to...

Q:

hello, I need help with the below attachment, please. with step by step calculations and not just giving the answers. thanks! INTEREST RATES PROBLEM SET II 1. What is the present value of $1,000 in...

Q:

Hello, I need help with below question. How to solve this in minitab? Please provide the steps and explanation of each questions below. Please explain the step by step guide of dummy variable etc....

Q:

This is all one problem. Please help me solve execute this using java QUESTION 2: PART A: LoanCalculator Requirements Step 1: Create a Loancalculator class with the following structure. /*This class...

Q:

I'm an undergrad accounting student in an introduction to forensic accounting course.I need help getting started on a final project for this class over a fictitious company called the Grand Teton...

Q:

UNIT 5 QZ, Q-20 UNIT 5 / UNIT 8 QUESTIONS KEEP ANSWERS SEPARATE BY UNITS UNIT II STUDY GUIDE Consumer Mathematics Reading Assignment See information below. Key Terms 1. Add-on interest method 2....

Q:

can any expert help me with the below assignment just only 2 questions ,please read the requirment word by word and be careful about the style of the reference(APA) , file 3.1 is for question...

Q:

Summary Analysis Compose 3 reading questions IVEy | Publishing 9B20M215 ETHOS-SPIRIT OF THE COMMUNITY: TREKKING TOWARDS SOCIAL AND SUSTAINABLE VENTURING J. Robert Mitchell wrote this case solely to...

Q:

MATHEMATICIANS RISE TO A CHALLENGE ne of the theorems we teach in eighth grade is a + b= *, where c is the length of the hypotenuse of a right triangle in Euclidean space, and a and b are the lengths...

Q:

Is an oil pipeline a simplex system, a half-duplex system, a full-duplex system, or none of the above?

Q:

After feeding a special diet to 80 mice, the scientist measures their weight in grams and obtains = 35 grams and 5 = 4 grams. He states that a 90% confidence interval for μ is given by...

Q:

Before the tax implications of asset sales can be determined, what else must be determined

Q:

A company is preparing completing their Cash Budget. The following data has been prepared for cash receipts and payments. January February March Cash receipts $1,061,200 $1,182,400 $1,091,700 Cash...