Question

principal+interest=____​

Answer 1

Solution:

principal+interest = amount

hope this helps.!

Answer 2

Answer:

principal + interest = amount

Explanation :-

In a principal + interest loan, the principal (original amount borrowed) is divided into equal monthly amounts, and the interest (fee charged for borrowing) is calculated on the outstanding principal balance each month. This means the monthly interest amount declines over time as the outstanding principal declines.