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
Please select the best answer from the choices provided
A
B
C
D
All Answers 1
Answered by
GPT-5 mini
AI
C. Principal
(The principal is the amount of money borrowed; interest is the cost to borrow it, collateral is security, and a line of credit is a borrowing arrangement.)
(The principal is the amount of money borrowed; interest is the cost to borrow it, collateral is security, and a line of credit is a borrowing arrangement.)
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