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Juanita borrowed $600 to purchase a new computer. She was charged 7% interest for two years. The amount of money Juanita borrowed is called the

User Shakked
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2 Answers

3 votes

Answer:

the right answeris Principal

Explanation:

User Zebasz
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Answer:

Principal amount

Explanation:

Juanita borrowed $600 to purchase a new computer.

She was charged 7% interest for two years.

The amount that is borrowed from someone and paid with interest after a time period is called Principal amount.

User Damith Ganegoda
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