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What is the principal of a loan? O A. The amount borrowed O B. The number of years for which the money is loaned O C. The interest rate that needs to be paid O D. The money paid…

What is the principal of a loan? O A. The amount borrowed O B. The number of years for which the money is loaned O C. The interest rate that needs to be paid O D. The money paid…
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What is the principal of a loan?

O
A. The amount borrowed
O
B. The number of years for which the money is loaned
O
C. The interest rate that needs to be paid
O
D. The money paid up front

User Ngj
by
7.5k points

1 Answer

6 votes

Answer:

The answer is A. Hope it helps!!!!!!!!!!!!

Step-by-step explanation:

User Wernfried Domscheit
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