Question: Principal is __________. A. the fee that borrowers pay for temporary use of a lenders money B. the initial amount of money invested C. the
Principal is __________.
| A. | the fee that borrowers pay for temporary use of a lenders money |
| B. | the initial amount of money invested |
| C. | the interest calculated based solely on the principal |
| D. | the interest calculated based on the principal as well as interest earned |
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