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5. Which statement is false when comparing simple and compound interest? A. Simple interest is paid on the principal value but compound interest is paid

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5. Which statement is false when comparing simple and compound interest? A. Simple interest is paid on the principal value but compound interest is paid on an accumulating value. B. Compound interest is always greater than simple interest. C. Simple interest is an example of linear growth and compound interest is an example of exponential growth. . D. Compound interest grows faster than simple interest after the first interest period, if the yearly interest rates are equal

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