Answer:
[tex]\$ 117.92[/tex]
Step-by-step explanation:
Use simple interest formula.
[tex]I = P (1 + rt)[/tex]
[tex]125 = P (1 + 0.06(1))[/tex]
[tex]125 = P (1.06)[/tex]
[tex]125/1.06=P[/tex]
[tex]117.924528=P[/tex]
