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.)