Juanita borrowed $600 to purchase a new computer. She was charged 7% interest for two years. The amount of money Juanita borrowed is called the

Question

Mathematics

Julianna Bradley

3 May, 09:37

Juanita borrowed $600 to purchase a new computer. She was charged 7% interest for two years. The amount of money Juanita borrowed is called the

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Answers (2)

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Tori Palmer · Answer 1

Principal amount

Step-by-step explanation:

Juanita borrowed $600 to purchase a new computer.

She was charged 7% interest for two years.

The amount that is borrowed from someone and paid with interest after a time period is called Principal amount.

Baby Bird · Answer 2

the right answeris Principal