Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Which term is a word for an initial amount of money that is borrowed or Invested?
A:Time
:Bprincipal
C:interest
D:interest rate


Sagot :

raeqx

Answer:

B. Principal

Step-by-step explanation:

A principal is defined in economics as a sum of money lent or invested, on which interest is paid.

Hope this helps!