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2. Dale took out a $250,000 loan to buy a home. What is the principat?$100,000$250,000$125,000$500,000

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asked Sep 25, 2023 91.8k views

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2. Dale took out a $250,000 loan to buy a home. What is the principat?$100,000$250,000$125,000$500,000

Mathematics
college

Jim Jose asked

by Jim Jose

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1 Answer

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Principal is the money that you originally agreed to pay back.

Therefore, the principal is $250,000.

Ed Boykin answered Oct 1, 2023

by Ed Boykin

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2. Dale took out a $250,000 loan to buy a home. What is the principat?$100,000$250,000$125,000$500,000

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