Question

list 2 disadvantages of simple interest

Answer 1

Answer:

compound and when the interest on interest doesn't have to be paid for.

The simple interest is that you don't really get anything from it, it's usually used for small loans that can be paid back quickly.

Answer 2

Answer:

It's ignoring the compound and when the interest on interest doesn't have to be paid for.

The simple interest is that you don't really get anything from it, it's usually used for small loans that can be paid back quickly.