hoose the correct answer below.

A.

The statement is true because simple interest is the amount of money that we get paid for lending or investing money, or that we pay for borrowing money.

B.

The statement is false. The true statement is "In simple interest, the original money invested or borrowed and any accumulated interest does not generate simple interest over time."

C.

The statement is false. The true statement is "In simple interest, the original money invested or borrowed and any accumulated interest generates interest over time."

D.

The statement is true because simple interest is interest computed on the original principal as well as on any accumulated interest.

Choose the correct answer below.Choose the correct answer below.

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