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Principal Amount in Financial Formulas
Principal Amount refers to the initial sum of money invested or borrowed, upon which interest is calculated. And is denoted by PRT.
Financial formulas that make use of Principal Amount
f
x
Fixed Deposit
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FAQ
What is the Principal Amount?
Principal Amount refers to the initial sum of money invested or borrowed, upon which interest is calculated.
Can the Principal Amount be negative?
{YesorNo}, the Principal Amount, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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