Get your calculator and check to see if you're right.Deb Russell is a school principal and teacher with over 25 years of experience teaching mathematics at all levels.ThoughtCo uses cookies to provide you with a great user experience. @DarkGlimmer can you add the definitions that you are using? 0. 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This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.https://financial-dictionary.thefreedictionary.com/principal.1. The Principal of the loan is $1,000. In any ring $R$, $R$ is a principal ideal. To determine the days: March = 16, April = 30, May = 31, June = 30, July = 31, August = 31, September = 30, October = 31, November = 30, December = 31, January = 19. The "principal" is the sum of money invested or borrowed, before interest or other revenue is added, or the remainder of that sum after payments have been made. I'm not sure if any ring is indeed a principle ideal in itself. 3 : a law or fact of nature which makes possible the working of a machine or device the principle of magnetism. 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