Amount = Principal + ------.
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Principal Amount of a Loan
Therefore, the home loan principal amount is the amount of money the borrower has borrowed from the lender less whatever the borrower has already repaid. ... The lender usually works out the exact amount the borrower has to pay each month to pay off the loan in the term they have set.
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Answer:
p=A/(1+r/n)nt
amount =principal +intrest principal
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