Web Analytics
Answered

Principal is _____.

The original amount invested

The total amount earned

Interest plus original amount invested

Interest on a loan

Interest is calculated by _____.

Adding the interest rate to the principal

Multiplying the principal by the interest rate

Multiplying the principal by the interest rate and the time

Multiplying the principal by the interest rate and dividing by the time

Verified Answer :

antonsandiego

If my memory seves me well, the answers are:
1. Principal is the original amount invested. Due to it's definition.
2. Interest is calculated by multiplying the principal by the interest rate and the time. Also, it should be devided by 100 to make it clear.

Related Questions