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Please help Mandy took out a $35,000 loan to buy a car. What is the principal?

Please help Mandy took out a $35,000 loan to buy a car. What is the principal?
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10 votes
Please help Mandy took out a $35,000 loan to buy a car. What is the principal?

User Ssdehero
by
7.5k points

1 Answer

8 votes

The principal of a loan is the amount of money they took out as a loan.


Principal = $35,000

User ShyJ
by
8.9k points
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