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Question 7 In general which statement is correct? 1 pts For multiple time periods both simple and compound interest will yield the same ending balance.

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Question 7 In general which statement is correct? 1 pts For multiple time periods both simple and compound interest will yield the same ending balance. For a single time period both simple and compound interest will yield a different ending balance. For multiple time periods rolling interest will yield a higher ending balance than will compounding interest. For multiple time periods compound interest will yield a higher ending balance than will simple interest

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