How do the returns for simple interest and compound interest compare for the same principal and interest rate? A
B
The return for compound interest is higher than for simple interest for
every year.
The returns are the same for the first year, but then the returns are
greater for simple interest every year after.
с
D
The returns are the same for every year since the principal and rate
are the same.
The returns are the same for the first year, but then the returns are
greater for compound interest every year after.