Question
Which statement is true about principal?(1 point)
Responses
It is everything you pay in addition to repaying the amount you borrow.
It is a percentage of the amount you borrow over time
It is a simple way to compare all the various elements of different loans.
It is the amount you borrow.
Responses
It is everything you pay in addition to repaying the amount you borrow.
It is a percentage of the amount you borrow over time
It is a simple way to compare all the various elements of different loans.
It is the amount you borrow.
Answers
GPT 3.5
It is the amount you borrow.