Principle×rate×time/100=
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https://goo.gl/search/principal+rate+time
Principal Amount: Definition & Formula - Video & Lesson ... The new, rearranged formula would be P = I / (RT), which is principal amount equals interest divided by interest rate times the amount of time. Let's try this out by finding the principal amount of a loan that has a total interest amount of $18,500 and an annual interest rate of 6.5% over 12 years.
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