taragreen400 taragreen400

05-05-2020
Business

contestada

When you receive a loan, the money the lender gives you is called the ____________. A. Interest B. Line of credit C. Principal D. Collateral Please select the best answer from the choices provided A B C D

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joshgb06 joshgb06

05-05-2020

Answer:

C.Principal

The amount of the loan is called the principal, and the extra amount they charge you to borrow the money is called interest.

hope this helps :)

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prasanthisekhart prasanthisekhart

16-11-2020

Answer:

principal

Explanation:

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