what is the formula of principle if you have interest and amount
Answers
Answered by
1
Answer:
Simple Interest=P×r×t where: P=Principal amount r=Annual interest rate t=Term of loan, in years
Answered by
3
Answer:
✅What is the principal formula? ... The formula for calculating Principal amount would be P = I / (RT) where Interest is Interest Amount, R is Rate of Interest and T is Time Period.
Hope it helps you
Similar questions