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5 March, 09:48

How do you get the principal in simple interest?

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  1. 5 March, 09:59
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    Step-by-step explanation:

    Simple Interest. When money is borrowed, interest is charged for the use of that money for a certain period of time. When the money is paid back, the principal (amount of money that was borrowed) and the interest is paid back ... The formula for finding simple interest is: Interest = Principal * Rate * Time.
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