ilovebacon6200 ilovebacon6200

18-10-2017
Mathematics

contestada

Pete wants a loan of $1,500. Which of these terms describes the money he wants to borrow?

1. (Principal)

2. (Collateral)

3. (Credit)

Respuesta :

SignoraPenguino SignoraPenguino

18-10-2017

Principal refers to the size of a loan.

So, I believe, the answer would be 1. Principal.

I hope this helps!

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MariosPrincess MariosPrincess

18-10-2017

principal is what i would say!

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