Simple interest is paid only on the.

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Gabriella James

5 October, 05:46

Simple interest is paid only on the.

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Braedon Cantu · Answer 1

Braedon Cantu 5 October, 06:54

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The answer is principle

Chicken Legs · Answer 2

Simple interest is interest paid only on the principal, the initial amount of money invested or borrowed. The formula for simple interest is I = prt, where I is the interest, p is the principal, r is the interest rate per year, and t is the time in years. So it is The Principal