In a mortgage, the amount of money borrowed is called the
interest
fee
point
principal

Answers

Answer 1

Answer:

principal

Explanation:

*principal - the amount of money borrowed.

*interest - the money paid for the privilege of using the lender's principal.

*term - the period of time over which the loan is repaid.


Related Questions

PLEASEEE HELPPP
Which does not accurately describe the Treaty of Versailles?


It called for the creation of the League of Nations.

It angered many Germans.

It blamed Germany for World War I.

It set the stage for long-term peace.

Answers

the answer is “it set the stage for lang-term peace”

Answer:

It set the stage for long-term peace.

Explanation:

Took the test :D

13 POINTS AND WILL VOTE BRAINEST
How were the British initially treated by the Mughal government in India?

Answers

Answer:

Explanation:

How were the British initially treated by the Mughal government in India? Mughal emperor signed a treaty that gave the British rights to reside/build trading forts within India's coastal cities. They were allowed to trade within the Bengal region, later waved taxes on trade.

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