cocomoney412
cocomoney412 cocomoney412
  • 13-11-2021
  • Mathematics
contestada

The initial amount of money that is deposited into an account or that is borrowed is called what

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crystalsnowUwU
crystalsnowUwU crystalsnowUwU
  • 13-11-2021

Answer:

Step-by-step explanation:

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andreag3608
andreag3608 andreag3608
  • 13-11-2021

Answer: In the context of borrowing, principal is the initial size of a loan or a bond (the amount the bond issuer must repay). In the context of investing, principal is the original sum committed to the purchase of assets—independent of any earnings or interest.

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