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TMI Systems, a company that customizes software for construction cost estimates, repaid a loan obtained 5 years ago at 9% per year : simple interest.

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TMI Systems, a company that customizes software for construction cost estimates, repaid a loan obtained 5 years ago at 9% per year : simple interest. If the amount that TMI repaid was $280,000, calculate the principal of the loan. The principal of the loan is $|

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