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Which term is a word for an initial amount of money that is borrowed or Invested?

A:Time
:Bprincipal
C:interest
D:interest rate


User Tanya
by
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1 Answer

12 votes

Answer:

B. Principal

Explanation:

A principal is defined in economics as a sum of money lent or invested, on which interest is paid.

Hope this helps!

User Jonathan Kamens
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