The Difference between the principal and amount is said to be the _______.

Time

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Rate

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Interest

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Principal

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Solution

The correct option is C Interest
Interest = Amount – Principal
Difference between amount and principal is interest.

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The Difference between the principal and amount is said to be the _______.

The correct option is C InterestInterest = Amount – Principal Difference between amount and principal is interest.

The correct option is C Interest
Interest = Amount – Principal
Difference between amount and principal is interest.