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OpenStudy (anonymous):
Amy got a $1,000 loan from her bank, and she had to repay $1,550. What are the principal and interest amounts in this transaction? A. principal is $1,000; interest is $1,550 B. principal is $1,550; interest is $550 C. principal is $1,000; interest is $550
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OpenStudy (amistre64):
what defines principal?
OpenStudy (anonymous):
It was C....
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