Question: C) 0.74 D) 0.93. 10. The difference between simple interest and compound interest is that with compound interest: A) The future value calculation is much

C) 0.74 D) 0.93. 10. The difference between simple interest and

C) 0.74 D) 0.93. 10. The difference between simple interest and compound interest is that with compound interest: A) The future value calculation is much simpler B) You use the different variables than when calculating simple interest. C) You earn interest on previous interest D) Future value is always smaller than with simple interest

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