If you borrow $5000 to remodel a home at 5% interest, what is the principle

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stanblackpink6886 stanblackpink6886

23-10-2017
Business

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If you borrow $5000 to remodel a home at 5% interest, what is the principle

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Аноним Аноним · Answer 1 · 2017-10-23T14:29:30+02:00

Аноним Аноним

23-10-2017

Wouldn't it be available credit line because that =5,ooo$ and you were asking what the principle was so i think it's available credit line.
Hope I helped :)

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marygrace0104 marygrace0104 · Answer 2 · 2022-01-17T19:25:10+01:00

marygrace0104 marygrace0104

17-01-2022

Answer:

5000

Explanation:

5,000 is the principal. This is the amount you received from the lender.

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