The amount that remains due on a loan, including principal and interest.

• A. Billing Date
• B. Balance Due
• C. Want
• D. Capital

Answer: (B)

The main idea is recognizing the term that describes what’s left to pay on a loan. The amount remaining, including both principal and any interest that has accrued, is called the balance due. It represents the outstanding loan balance after any payments and interest have been accounted for. A billing date is simply when the statement is issued, not the amount owed. A “want” is unrelated to loan terms, and capital is a broad term for funds or assets rather than the specific amount owed on a loan. So, balance due is the best fit because it names the exact remaining obligation on the loan, covering both principal and interest. For example, if the outstanding principal is 7,500 and $200 of interest has accrued, the balance due would be 7,700.