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What is the principal?

What is the principal?
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1 vote
What is the principal?

User Xxxbence
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2 Answers

4 votes
the principal might be the party who gives legal authority for another party to act on the principal's behalf.
User Herzi
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1 vote

Answer:

Principal is the money that you originally agreed to pay back. Interest is the cost of borrowing the principal.

Step-by-step explanation:

for intro to business

User Josie Thompson
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