American_Bankers_Association
CTFA · Question #121
The amount of debt, not counting interest, on a loan.
The correct answer is A. Principle. See the full explanation below for the reasoning.
Investment Management
Question
The amount of debt, not counting interest, on a loan.
Options
- APrinciple
- BAppraisal
- CDown payment
- DCommitment
How the community answered
(31 responses)- A81% (25)
- B6% (2)
- C3% (1)
- D10% (3)
Topics
#loan principal#debt terminology#amortization#loan structure
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