Question

what is total time principal​

Answer 1

Hey,There

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.

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Answer 2

To find Principal when Time Interest and Rate are given the rules are.

Interest = (Principal × Rate × Time)/100

Principal = (100 × Interest)/(Rate × Time)

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