Question: 11. When comparing simple interest to compound interest, what statement is most accurate? The difference between compounding and simple interest decreases as time increases. The

11.

When comparing simple interest to compound interest, what statement is most accurate?

The difference between compounding and simple interestdecreasesas time increases.

The difference between compounding and simple interestincreasesas time increases.

Their isno differencebetween compounding and simple interest as time increases.

Simple interest willalwaysbe greater than compound interest as time increases.

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