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Compound interest earns more than simple interest at the same interest rate because compounding pays interest on the interest earned. True False
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0 votes
Compound interest earns more than

simple interest at the same interest
rate because compounding pays
interest on the interest earned.
True
False

User Kamela
by
6.2k points

2 Answers

6 votes

Answer:

True

Explanation:

User Max Cruz
by
7.2k points
5 votes

Answer: True

Explanation:

User TheComputerM
by
6.5k points
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