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The advantage to savers and investors of receiving compound interest rather than simple interest is that future values are larger because interest is earned on accumulated interest payments. Also, the
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The advantage to savers and investors of receiving compound interest rather than simple interest is that future values are larger because interest is earned on accumulated interest payments. Also, the difference in future values becomes smaller as time goes by.

a. True
b. False

User Clodal
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1 Answer

3 votes

Answer:

B. false

Step-by-step explanation:

over time it becomes larger because you are bringing in more money from interest sitting there

User Atsushi
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