Question

Q1 Fill in the blanks amount = principal+​

Answer 1

Answer:

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• In the context of borrowing, principal is the initial size of a loan; it can also be the amount still owed on a loan. If you take out a $50,000 mortgage, for example, the principal is $50,000. If you pay off $30,000, the principal balance now consists of the remaining $20,000.

Answer 2

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Step-by-step explanation:

Amount = principal +compound interest

2nd is

Amount =

$p \times 1 \times \frac{r}{100 ^{t} }$

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