Business, 23.01.2021 01:00 swelch2010

How does simple interest differ from compound interest? A. Simple interest rates are between 1-5% while compound interest rates are over 5%.
B. Simple interest is calculated on the principal as well as the interest you’ve already earned; compound interest is calculated on principal alone.
C. You earn simple interest in a savings account and compound interest on an investment.
D. Simple interest is calculated on principal alone; compound interest is calculated on the principal as well as the interest you’ve already earned.

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