Question: The difference between Simple Interest and Compound Interest is... Simple interest does not earn interest on interest. Simple Interest is actually very complex and

The difference between Simple Interest and Compound Interest is... Simple interest does not earn interest on

The difference between Simple Interest and Compound Interest is... Simple interest does not earn interest on interest. Simple Interest is actually very complex and involves extra calculations to arrive at the total interest earned over the life of the investment growth. @ Compound Interest multiplies the principal factors by the APR growth yield in odd years. Compound Interest does not compound.

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