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Suppose Michael has a simple interest loan with a rate of 3.5% for 21 months. a. Find the principal that results in interest of $2,629.00.

Suppose Michael has a simple interest loan with a rate of 3.5% for 21 months.

a. Find the principal that results in interest of $2,629.00.

b.Calculate the maturity value of Michaels loan.

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