TMI Systems, a company that customizes software for construction cost estimates, repaid a loan obtained 3 years

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TMI Systems, a company that customizes software for construction cost estimates, repaid a loan obtained 3 years ago at 7% per year simple interest. If the amount that TMI repaid was $120,000, calculate the principal of the loan.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 11, 2018 12:51 PM

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TMI Systems, a company that customizes software for construction cost estimates, repaid a loan obtained 3 years

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Engineering Economy

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