Compound interest is: *
a) always greater than the simple interest.
b) always less than the simple interest.
c) always equal to simple interest.
d) always greater or equal to the simple interest.
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Compound interest is: *
a) always greater than the simple interest.
b) always less than the simple interest.
c) always equal to simple interest.
d) always greater or equal to the simple interest.
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Answer:
b always less then the simple interest.
b) always less than the simple interest