Discussion
Over a term of one compounding period, simple and compound interest give
Answer: D
Correct answer: the same amount
Over a single period there is no accumulated interest for compound interest to work on, so \( P(1+i) \) and \( P(1 + i \times 1) \) are identical. The two methods diverge only from the second period onward, and the divergence then grows without limit.
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