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Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or with compound interest?

Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or with compound interest?
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Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or with compound interest?

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User Bastien Robert
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7.8k points

1 Answer

3 votes
Your Anwser is Compound Interest
answered
User Tanzila
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8.7k points
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