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5. Which one of the following statements is true? You always earn more money in compound interest rate case than that in simple interest rate.

5. Which one of the following statements is true?

You always earn more money in compound interest rate case than that in simple interest rate.

Assuming compound interest rate, you always earn same amount of interest payment every period.

Assuming simple interest rate, you always earn same amount of interest payment every period.

None of the above

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