Why is simple interest useful for planning parts of your financial future? a. simple interest can endure unforeseen economic changes by fluctuating. b. simple interest generates more money than any other source of income. c. simple interest grows more quickly if you invest in it longer. d. simple interest is very regular and can be calculated in advance.

Hi there! Simple interest is constant, because simple interest is based on your initial amount you put in the bank and is put in regularly. However, it does not generate more money than any other source of income, and does not grow more quickly. Therefore, B and C are eliminated. Simple interest does not fluctuate and stays regular. It is very easy to calculate and can be done in advance. The answer is D.

Option: d is the correct answer.

(  d. Simple interest is very regular and can be calculated in advance ).

Step-by-step explanation:

Simple interest is a quick and easy method of calculating the interest charge on a loan.Because simple interest is calculated on a daily basis, it mostly benefits consumers who pay their loans on time or early each month.

Hence, option d is correct.

( d. Simple interest is very regular and can be calculated in advance. )