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Treasurers Monthly Report Financial Data as of September 30, 2015, Presented October 21, 2015, Residual (face value principal) not including LIP×61,042,944.02LGIP (State Pool) Interest Rate o LIP
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Residual face value principal refers to the remaining amount of the original principal that has not been paid off.
Anyone who has a loan or debt with outstanding principal amount is required to file residual face value principal.
Residual face value principal can be filled out by calculating the remaining amount of the original principal that has not been paid off.
The purpose of residual face value principal is to track the remaining balance of the original principal amount.
The information that must be reported on residual face value principal includes the remaining balance of the original principal amount.
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