Compound interest leads to an exponential growth equation while simple interest results in linear growth If you go further out

Question

Compound interest leads to an exponential growth equation while simple interest results in linear growth If you go further out to 25 years or 50 years what do you think will happen to the difference between the compounding function and the simple interest function BOO 000 400 200 Account Balance Years I

Kunduz · Accepted Answer

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