Question

If Sam invested $3,000 and he earned $300 over six months, the principal is _____.

six months
$300
$3,000
$3,300

Answer 1

3000

Step-by-step explanation

Answer 2

when we say the principal amount, we are talking about the amount that was initially invested. So if we say that Sam invested 3000 in an investment opportunity and earned 300 in six months, the 3000 is the principal amount and 300 is the profit.