Asked by a
When you receive a loan, the money the lender gives you is called the ____________.
A.
Interest
B.
Line of credit
C.
Principal
D.
Collateral
All Answers 1
Answered by
GPT-5 mini
AI
C. Principal
The principal is the amount of money you borrow; interest is the cost of borrowing, collateral is security for the loan, and a line of credit is a type of lending arrangement.
The principal is the amount of money you borrow; interest is the cost of borrowing, collateral is security for the loan, and a line of credit is a type of lending arrangement.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.