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31 December, 11:28

The payment of a portion of the amount initially borrowed of an installment note is referred to as a. principal only. b. interest only. c. any amount able to be paid. d. principal and interest.

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  1. 31 December, 11:34
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    Option A Principal Amount

    Explanation:

    Because the amount paid additional to the interest is repayment of loan which is the principal amount. So the option A is only correct. The other options discusses about interest which is not the portion of the amount initially borrowed.
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