3 years ago

The original amount borrowed is called the?

2 answers:

5 0

Answer:

The amount of money borrowed or invested is called as Principal. When you first take out a loan, the principal is the original amount you borrowed. As you pay toward that debt, the principal becomes the outstanding balance on the loan, not including interest and any fees accrued.

Step-by-step explanation:

Hope I <em><u>Helped!</u></em> :D

Sav [38]3 years ago

3 0

The original amount borrowed is called the principal

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