Question

State any two nature of interest​

Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

$\\ \\ \\ \\ \\ \\ \\ \\ \\ \\ \\ \\ \\ \\ \\ \\ \\ \\ \\ Interest \: \\ is \\ the \\ cost \\ of \\ funds \\ loaned \\ to \\ an \\ entity \\ by \\ a \\ lender. \\ This \\ cost \\ is \\ usually \\ expressed \\ as \\ a \\ percentage \\ of \\ the \\ principal \\ on \\ an \\ annual \\ basis. \\ Interest \\ can \\ be \\ calculated \\ as \\ simple \\ interest \\ or compound \\ interest, \\ where \\ compound \\ interest \\ results \\ in a \\ higher \\ return \\ to \\ the \\ investor.$