Hello I'm taking an a investment class and I need information on this question:   What is compound interest and how is it different from simple interest?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter13: Investment Fundamentals
Section13.2: Identify Your Investment Philosophy
Problem 2CC
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Hello I'm taking an a investment class and I need information on this question:

 

What is compound interest and how is it different from simple interest?

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