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The amount of a loan that is borrowed is know as what?
The amount of a loan that is borrowed is known as the principal.
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Asked 9/20/2012 8:39:24 AM
Updated 12/23/2018 4:27:18 PM
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This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [12/23/2018 4:27:18 PM]
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