Question: How does simple interest differ from compound interest? Multiple Choice Simple interest is for a longer time interval. Simple interest is for a shorter time

How does simple interest differ from compound interest? Multiple Choice Simple

How does simple interest differ from compound interest? Multiple Choice Simple interest is for a longer time interval. Simple interest is for a shorter time interval. Simple interest includes interest earned on the initial investment plus interest earned on previous interest. Simple interest includes interest earned on the initial investment only

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