Question

If amount =1200, Interest = 130, its principal is

Answer 1

Amount = Interest + Principal

1200 = 130 + Principal

1200-130 = Principal

1070 = Principal

Answer 2

Answer:

Principal = 1070

Step-by-step explanation:

$Amount = Principal + Interest \\ 1200 = Principal + 130 \\ 1200 - 130 = Principal \\ 1070 = Principal$