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lewesajkvauall
lewesajkvauall lewesajkvauall
  • 15-02-2016
  • Business
Answered

If Sam invested $3,000 and he earned $300 over six months, the principal is _____.

six months

$300

$3,000

$3,300

Verified Answer :

Hagrid
Hagrid Hagrid
  • 19-02-2016

when we say the principal amount, we are talking about the amount that was initially invested. So if we say that Sam invested 3000 in an investment opportunity and earned 300 in six months, the 3000 is the principal amount and 300 is the profit.

Answer Link
abclemons1 abclemons1
  • 16-11-2021

answer

3000

explanation

Answer Link

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