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The original loan amount is referred to as the______. A. Interest deferred amount B. Principal C. Originating amount D. Loan balance

The original loan amount is referred to as the______. A. Interest deferred amount B. Principal C. Originating amount D. Loan balance
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4 votes
The original loan amount is referred to as the______.

A. Interest deferred amount
B. Principal
C. Originating amount
D. Loan balance

asked
User Nulleight
by
7.8k points

2 Answers

4 votes
The answer is principal.
Hope this helped c:
answered
User Gdfgdfg
by
8.5k points
6 votes
The answer is b. Principal
answered
User Arnefm
by
8.1k points
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