Question
TMI Systems, a company that customizes software for construction cost estimates, repaid a loan obtained 8 years ago at 14% per year simple interest. If
TMI Systems, a company that customizes software for construction cost estimates, repaid a loan obtained 8 years ago at 14% per year simple interest. If the amount that TMI repaid was $250,000, calculate the principal of the loan.
The principal of the loan is $.
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International Economics
Authors: Thomas A. Pugel
15th edition
73523178, 978-0077769529, 007776952X, 978-0073523170
