The principal amount of a loan is the Blank______. Multiple choice question. amount that has been repaid original loan amount total interest owed total number of payments made

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 15QTD
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The principal amount of a loan is the Blank______.

Multiple choice question.

amount that has been repaid

original loan amount

total interest owed

total number of payments made

 

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