Math, asked by KRobin, 8 months ago

2. The borrowed money is called__________​

Answers

Answered by Anonymous
3

Answer:

Loan .

Interest refers to the extra amount of money that you must pay the bank when you borrow money. The amount of the interest depends upon the amount of the loan and the interest rate. ... Principal refers to the money borrowed.

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Answered by srdinakar2005
0

Interest refers to the extra amount of money that you must pay the bank when you borrow money. The amount of the interest depends upon the amount of the loan and the interest rate. ... Principal refers to the money borrowed

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