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1.) Sarah got a loan for $5,000 to renovate her kitchen. She got an interest rate of 5.5%. What vocabulary word describes what the $5,000 is? * O / A Interest accrued/earned B Interest Rate O c Principal
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1.) Sarah got a loan for $5,000 to renovate her kitchen. She got an interest

rate of 5.5%. What vocabulary word describes what the $5,000 is? *
O /
A Interest accrued/earned
B Interest Rate
O c Principal
O D Percent Equation

User Gianmt
by
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1 Answer

3 votes
C Principal
The principal is the amount you borrow.
User Seyhan
by
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