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Which term is a word for an initial amount of money that is borrowed or invested? time principal interest interest rate

Which term is a word for an initial amount of money that is borrowed or invested? time principal interest interest rate
asked 108k views
5 votes
Which term is a word for an initial amount of money that is borrowed or invested?

time
principal
interest
interest rate

asked
User Javier Elices
by
8.4k points

2 Answers

3 votes

Answer:

Its b

Explanation:

I took the test on edge 2020

answered
User Simon Legg
by
8.3k points
5 votes

Answer:

principal is the correct answer

Explanation:

principal is the correct answer

answered
User Juan Pablo Gomez
by
9.2k points
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