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What else can I help you with?
The amount of money borrow is called the?
Principal is the amount of money you borrow. Interest is the fee charged by the lender (or bank) to use their money. The total amount of money you pay back is the principle + interest.
Money that is earned after expenses is taken out is called?
Profit.
What is the amount charged for borrowing money called?
Interest.(:
Another word for amount of money you make?
Some synonyms for the amount of money you make are:rate of paysalaryearningsremunerationprofit
Is the capacity the same as amount Why?
No. A quantity of money would be an amount but not capacity.
The amount of money borrow is called the?
Principal is the amount of money you borrow. Interest is the fee charged by the lender (or bank) to use their money. The total amount of money you pay back is the principle + interest.
What is the amount of money you earn called?
It is called a principal.
The amount of money you borrowed is called the what?
The original amount of money borrowed is known as the principal.
The amount of money invested or borrowed is called what?
principal
How is the amount of interest earned on an investment calculated?
The amount of interest earned on an investment is calculated by multiplying the principal amount invested by the interest rate and the time the money is invested for. This formula is typically expressed as: Interest Principal x Rate x Time.
When a person borrows money what is the original amount of the loan called?
The original amount of the loan is called principal.
What is the value of compound interest?
Compound interest increases the amount earned by adding credited interest to the principal, and interest will then be earned on that money as well. The longer the principal and interest remain in the account, the greater the earnings they will accrue.
The amount of money earned in a year by a savings account is called the?
ANSWER It is called "interest".
Amount of money earned is called what?
Salary, income, wage, stipend
What is the relationship between principal and interest in a loan or investment?
The principal is the initial amount borrowed or invested, while the interest is the additional amount paid or earned on the principal over time. The relationship between them is that the interest is calculated as a percentage of the principal, and it represents the cost of borrowing money or the return on an investment.
The amount of money first deposited into a savings account is called?
i think it is PRINCIPAL but im not sure.
What is the amount of money borrowed or deposited called?
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.
