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What does principal mean in math terms?
principal(in terms of math)- the amount you borrow or deposit
What is the math definition of principal?
The "principal" is the sum of money invested or borrowed, before interest or other revenue is added, or the remainder of that sum after payments have been made. In math, this applies to finance.
What is the math definition for the word x-axis?
the principal or horizontal axis of a system of coordinates, points along which have a value of zero for all other coordinates.
How would you use closure in a sentence?
Most people do not easily find closure when their loved ones are murdered.
How do you solve interest rate math problems?
First you figure out the Principal, then you find the interest rate and then find the Time someone gave you to pay back loaned or borrowed money.Formula: Simple Interest= Principal*Rate*TimeExample: Principal-$25,000 Interest Rate- 6.25 simple interest- 6 years$25,000 x .0625 x 6= $9375!
