Question: What is the mathematical relationship between simple and compound interest? You can answer with a general explanation with words, or you can use a scenario
What is the mathematical relationship between simple and compound interest? You can answer with a general explanation with words, or you can use a scenario you create on your own to show the answer. For example, pick an investment amount, and interest rate, and a period of time and solve for both types of interest. Explain how and why the simple and compound interest are different.
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