A decrease in the amount of principal owed on a loan is called what? A. Unpaid balance
B. Payment number
C. Note reduction
D. Amortization

C. Note reduction

Explanation:

A note is another term for a loan, called a note payable if you owe money. The principle is the amount of money on the note owed. When you reduce the principle, you are essentially making a payment on your loan, therefore reducing the note payable.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.