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When you borrowed $50 from your rich cousin, and then had to pay her back $60, what is the original $50 called?
The original $50 loan would be considered the principal amount. The extra $10 would be considered interest charged on the principal.
What is The amount of change over the original amount and how much the original amount decreases is called the?
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How did Muslims contribute to math?
Muslims invented algebra. They borrowed the symbols 0-9. They are today called Arabic numerals.
What is the number being subtracted from an original number called?
The original number is known as a subtrahend, while the number being subtracted is called the subtractor.
What is the amount of space and object?
The amount of space occupied by an object is called its VOLUME.
The amount of money invested or borrowed is called what?
principal
The amount of money you borrowed is called the what?
The original amount of money borrowed is known as the principal.
A charge for borrowed money usually the percentage of the amount borrowed is called?
That is called "interest"
The amount of money invested in a corporation by the owners is called?
equity
The amount of an original investment is called?
the amount of an original investment is called
When you apply for a loan at a bank What is the amount borrowed called?
Principal.
When you borrowed $50 from your rich cousin, and then had to pay her back $60, what is the original $50 called?
The original $50 loan would be considered the principal amount. The extra $10 would be considered interest charged on the principal.
The amount of money deposited or borrowed is the?
It is sometimes called the capital.
Which refers to the predetermined amount an individual must pay for the use of borrowed money?
The predetermined amount an individual must pay for the use of borrowed money is called interest.
Which term refers to the predetermined amount an individual must pay for the use of borrowed money?
The predetermined amount an individual must pay for the use of borrowed money is called interest.
When a person borrows money what is the original amount of the loan called?
The original amount of the loan is called principal.
What word means money paid for a loan?
That is called interest, the main loan amount that you borrowed is called the principle.
