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.

TMI Systems, a company that customizes software for construction cost estimates, repaid a loan obtained 8 years ago at 14% per year simple interest. Ifthe amount that TMI repaid was $190,000, calculate the principal of the loan. The principal of the loan is $

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