The original amount deposited is referred to as the principal in a savings context, while in a borrowing scenario, it is the amount borrowed from a lender. In both cases, the principal is the base amount on which interest is calculated. Therefore, whether it is deposited or borrowed depends on the financial context in which the term is used.
The original amount borrowed or invested is called the principal. This is the initial sum of money on which interest is calculated, representing the core value of the loan or investment before any interest or returns are applied. Understanding the principal is crucial for calculating interest and determining the overall financial implications of a loan or investment.
That would depend on the original principal (the amount you borrowed) and how they compute interest.
The original $50 loan would be considered the principal amount. The extra $10 would be considered interest charged on the principal.
principal
Let A = amount balance after 5 years = Rs 30,000 r = 10% = 0.1 t = 5 years P = amount deposited A = Pert 30,000 = Pe(0.1)(5) 30,000 = Pe0.5 30,000/e0.5 = P 18,195.92 = P The amount deposited was Rs 18,195.92.
The amount of money borrowed or deposited is called the "principal." In the context of a loan, it refers to the original sum of money borrowed before any interest is applied. For deposits, it signifies the initial amount placed into a financial account. The principal is crucial as it serves as the basis for calculating interest earnings or payments.
The original amount of money borrowed is known as the principal.
It is sometimes called the capital.
The original amount of money borrowed is known as the principal.
The amount of a loan or investment that does not include interest. It's the amount borrowed, or the amount currently owed in a loan (including mortgages) and the amount invested (for investments.)
principle
The total interest paid on the principal amount borrowed is the additional money paid on top of the original loan amount as compensation to the lender for borrowing the money.
The original amount of money borrowed on a loan is referred to as the "principal." This is the initial sum that the borrower receives and is obligated to repay, excluding any interest or fees. The principal amount is the basis for calculating interest over the life of the loan.
The proportion of your current loan balance to the original loan amount is the percentage of how much you still owe compared to the total amount you borrowed.
The payment made when a bond matures is the face value of the bond, which is the original amount borrowed by the issuer.
The original amount borrowed or invested is called the principal. This is the initial sum of money on which interest is calculated, representing the core value of the loan or investment before any interest or returns are applied. Understanding the principal is crucial for calculating interest and determining the overall financial implications of a loan or investment.
The maximum check amount that can be deposited into this account is 10,000.