Question
Find total amount to be paid back that is loan plus interest
Answers
The total amount to be paid back is the principal amount of the loan plus the interest. The formula for calculating the total amount to be paid back is:
Total Amount = Principal + Interest
Where Principal is the initial amount borrowed and Interest is the amount of interest charged on the loan.
Total Amount = Principal + Interest
Where Principal is the initial amount borrowed and Interest is the amount of interest charged on the loan.
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