asked 3.0k views
2 votes
How can simple interest make saving money easier

2 Answers

5 votes
My answer would be, so you can know how much you will end of paying for something that is lets say $125. You could end up paying $250 for that and you wouldn't even know.

Hope this helps!!!
answered
User Marcus Recck
by
8.7k points
3 votes
because it is simple.you have to do a fewer calculations than if you saved money without it.
answered
User Jon Deaton
by
7.6k points

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