Question

Which of the following is interest meant to do?

Answer 1

i am on the same one the answer is b hope this helps

Answer 2

Answer;

bring profit the lender

Explanation;

-Interest is the charge for the privilege of borrowing money, typically expressed as annual percentage rate. To the borrower it is the cost of renting money, to the lender the income from lending it.

-The rate of interest is usually expressed as an annual percentage of the principal, and is influenced by the money supply, fiscal policy, amount being borrowed, creditworthiness of the borrower, and rate of inflation.  

-Interests influence the cost of borrowing, the return on savings, and are an important component of the total return of many investments.