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Which quantity does this describe?

Exercise and reference answers

Items
  1. Item
    The sum originally lent
    Category
    Principal
  2. Item
    What the rate is applied to
    Category
    Principal
  3. Item
    The extra money earned
    Category
    Interest
  4. Item
    What the bank adds each year
    Category
    Interest
  5. Item
    Principal plus interest
    Category
    Amount
  6. Item
    The final sum repaid
    Category
    Amount
Categories
  1. Item
    Principal
  2. Item
    Interest
  3. Item
    Amount

Explanation

Naming the parts correctly is most of an interest question. Source: syllabus Maths, Ch 7 Comparing Quantities.
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