Question

the amount of money borrowed is called
1.interest
2.rate
3.amount
4.principle​

Answer 1

Step-by-step explanation:

The amount of money borrowed or invested is called as Principal

Answer 2

Answer:

4. principle

Step-by-step explanation:

The amount of money borrowed or invested is called as Principal. When you first take out a loan, the principal is the original amount you borrowed. As you pay toward that debt, the principal becomes the outstanding balance on the loan, not including interest and any fees accrued.