Question

The principal and the interest put together is known as

Answer 1

Principal plus Interest. Principal Plus Interest is the total amount the borrower has to pay back to the lender after the agreed period of borrowing, which includes the Principal Amount + Interest Accrued. The process of computing Principal Plus Interest is known as Amortization. Principal.

mark as brillienst answer

Answer 2

'Total interest' or 'Amortisation '

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