Question: Which describes the difference between simple interest and compound interest? Group of answer choices Simple interest is calculated on the original amount. Compound interest is

Which describes the difference between simple interest and compound interest?

Group of answer choices

Simple interest is calculated on the original amount. Compound interest is calculated on the total of the original amount and any money earned in interest.

Simple interest is calculated every period. Compound interest is calculated one time.

A graph of simple interest will curve upward. A graph of compound interest will be a straight line.

Simple interest is always a whole number. Compound interest has a decimal portion.

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