Answer:
The principal amount was $23,393.45
Step-by-step explanation:
The total amount paid on a 35 year loan was $98,000 at the rate of interest 4.1%
We will calculate Principal amount by this formula

Where A = amount (98,000)
P = Principal amount (P)
r = rate of interest 4.1% (0.041)
n = number of compounding interest monthly (12)
t = time (35 years)



98,000 = P(4.189386)
= 4.189386P = 98,000
P = 
P = 23,392.4494 ≈ $23,392.45
The principal amount was $23,393.45
<em>The</em><em> </em><em>answer</em><em> </em><em>is</em><em> </em><em>in</em><em> </em><em>attached</em><em> </em><em>picture</em><em>.</em>
<em>Hope</em><em> </em><em>this</em><em> </em><em>will</em><em> </em><em>help</em><em> </em><em>u</em><em>.</em><em>.</em><em>.</em><em>.</em>
Answer:
44 dollars
Step-by-step explanation:
28 minus 5 is 23
67 minus 23 is 44
Answer:
8.4$
Step-by-step explanation:
In other words, a 30% discount for a item with original price of $28 is equal to $8.4.