Question:
A person wants to borrow $20,000 for 30 years at 2%
Last updated: 7/24/2022
![A person wants to borrow $20,000 for 30 years at 2%](https://media.kunduz.com/media/sug-question/raw/84638522-1658668427.8063686.jpeg?h=512)
A person wants to borrow $20,000 for 30 years at 2% interest. In this situation the $20,000 is what part of the loan? A. finance charge B. principal C. rate D. time