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Rebecca earned $2,995 as interest by lending a certain amount at a simple interest rate of 2.00% p.m. for 7 months. a. Calculate the principal

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Rebecca earned $2,995 as interest by lending a certain amount at a simple interest rate of 2.00% p.m. for 7 months. a. Calculate the principal amount of the loan. O $21,392.86 $419.30 O $24,387.86 O $149,750.00 b. Calculate the maturity value of the loan. O $18,397.86 O $24,387.86 $21,392.86 O $21,452.76

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