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Provide, in your own words, written responses to the following: (a) Explain the difference between Simple Interest and Compound Interest. As part of your explanation

Provide, in your own words, written responses to the following:

(a) Explain the difference between Simple Interest and Compound Interest. As part of your explanation supply examples in support of your comments.

(b) Explain what an Annuity is and how it relates to Compound Interest. As part of your explanation supply examples in support of your comments.

(c) Explain the difference between Semi-fixed and Semi-variable costs. As part of your explanation supply examples in support of your comments.

(d) The structure of Linear Programming comprises four main components. Explain what each of these components are.

Note: Though you are asked to answer the above questions in your own words, the ideas for your responses are likely to have come from somewhere, therefore, you will need to provide references for each of the above questions. Please revisit your learning on how to provide Harvard References

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