the principal amount of a loan is *\nthe most important loan\nthe original amount of money borrowed or what…

the principal amount of a loan is *\nthe most important loan\nthe original amount of money borrowed or what you still have left to pay back\nthe person who loaned you the money\nhow much you have to pay back plus interest after borrowing money from a bank\nother:\nif you have a low credit score you will be able to get a loan very easily, and * 2 points\nthe interest rate will be very low.\ntrue\nfalse\nan expense that is the same amount every month is called a *\nmanagenal cost\nreason to save money\nfixed expense\nvariable expense
Answer
Brief Explanations:
- The principal amount of a loan is the original sum borrowed or the remaining balance to be repaid. It's not about the importance of the loan, the lender, or the total repayment including interest.
- A low - credit score makes it difficult to get a loan and usually results in a high - interest rate, not an easy loan approval and low rate.
- An expense that remains the same each month is called a fixed expense. It's not related to management costs, reasons to save, or variable expenses.
Answer:
- the original amount of money borrowed or what you still have left to pay back
- False
- fixed expense