The amount of money being loaned is known as the ____.

A. mortgage
B. principal
C. loan amount
D. proposed principal


Answer: B

Computer Science & Information Technology

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What will be an ideal response?

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Fill in the blank(s) with correct word

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Indicate whether the statement is true or false

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I. Fv II. Pv III. Nper IV. Type V. Rate A. Interest rate B. The total number of payments C. Loan amount D. Balance amount after last payment E. This argument is optional

Computer Science & Information Technology