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Ms.Hobson agrees to pay 11% interest on a loan for her new automobile. She is charged $2200 interest on a loan for 1 year. How much did she borrow ?

Mathematics
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She is charged $2200 interest on a loan for 1 year Let she borrowed x , then interest to be paid in a year \[I=x\times 11\%\] interest is 2200 \[2200=x\times \frac{11}{100}\] Can you find x?
how do i find x?
First step: Multiply both sides by 100, what would you get?

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Other answers:

which sides
\[2200\times 100=x\times \frac{11}{100}\times 100\]
2200 x 100=220000 11/100 x 11=11
\[220000=x\times 11\] Now divide both sides by 11 to find x
220000/11=20000 11/11=1
so what you got for x?
x=20000
Correct, this is the amount borrowed. Do you understand?
yes
Thank You Ash2326
Welcome :)

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