the money you the borrow is known as________........ this is fill in the blanks
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Answered by
3
Answer:
Loan
Step-by-step explanation:
The loan amount is inclusive of the value of the debt incurred and the interest in the value. This amount is known as the principal; the lender determines the interest on the other by use of some internal underwriting frameworks as well as simple and compound interest formulas.
Answered by
1
Answer:
Principal
Step-by-step explanation:
The money you the borrow is known as Principal
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