Question: The primary difference between simple and compound interest is that Group of answer choices simple interest is only paid at the end of the investment

The primary difference between simple and compound interest is that

Group of answer choices

simple interest is only paid at the end of the investment period.

compound interest entails receiving interest payments on previously earned interest.

simple interest is not taxed by the federal government.

simple interest earns a higher interest rate on reinvested interest than compound interest.

compound interest is paid up front and not when the investment matures.

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