Using the Formula Interest - Principal X Rate X Time $$\text { principal } = \frac { \text { interest } } { \text { rate } x \text { time } }$$

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Using the formula Interest - Principal x Rate x Time,
​If all elements are known except for the principal, the formula should be written as:​
​ $$\text { principal } = \frac { \text { interest } } { \text { rate } x \text { time } }$$