The principal loan amount will be 250000. P is denoted by the principal loan amount
<h3> What is the amount?</h3>
The complete repayment of money at the end of the period for which it was borrowed is referred to as the amount.
The given data in the problem is;
P is the principal loan amount
r is the rate of interest = 2.49%
n is the time period= of 30 years
The formula for the principal loan amount is found as;


Hence the principal loan amount will be 250000.
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Answer:
A)
Step-by-step explanation:
I used an Algebra app :) it is correct.
Answer:
11
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Answer:
True
Step-by-step explanation: