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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.
WHAT IS IT CALLED WHEN money earned on savings accounts and other funds?
The money earned on savings accounts and other funds is called "interest." Interest is typically expressed as a percentage of the principal amount and can be calculated as simple or compound interest, depending on how frequently it is applied to the account balance. This earnings mechanism encourages saving by providing a return on deposited funds.
The amount of money first deposited into a savings account is called?
i think it is PRINCIPAL but im not sure.
