Define it..
1) Principal
2)Interest
3) Amount
4) Rate
5)Simple interest.
Answers
➜Principal” is a term that has several financial meanings. The most commonly used refers to the original sum of money borrowed in a loan or put into an investment. ... Principal can also refer to an individual party or parties, the owner of a private company, or the chief participant in a transaction.
➜money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
➜the total number or quantity : aggregate trying to figure the amount of time it will take. b : the quantity at hand or under consideration has an enormous amount of energy.
➜a measure, quantity, or frequency, typically one measured against another quantity or measure.
➜Simple interest is interest calculated on the principal portion of a loan or the original contribution to a savings account.
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Answer:
➪Principal” is a term that has several financial meanings. The most commonly used refers to the original sum of money borrowed in a loan or put into an investment. ... Principal can also refer to an individual party or parties, the owner of a private company, or the chief participant in a transaction.
➪money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
➪the total number or quantity : aggregate trying to figure the amount of time it will take. b : the quantity at hand or under consideration has an enormous amount of energy.
➪a measure, quantity, or frequency, typically one measured against another quantity or measure.
➪Simple interest is interest calculated on the principal portion of a loan or the original cntribution to a savings account
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