An engineer who was in the business of customizing software for small construction companies repaid a loan

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An engineer who was in the business of customizing software for small construction companies repaid a loan that she got 3 years ago at 7% per year simple interest. If the amount she repaid was

$35,000, what was the principal amount of the loan?

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Related Book For  book-img-for-question

Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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