Amount is always more than simple interst. True or False

1.	Amount is always more than simple interst. True or False
Answer» SIMPLE interest on a given amount is always less than or equal to the COMPOUND interest on the same amount for the same time period and at the same rate of interest per annum. HOPE YOU LIKE MY ANSWER PLZ MARK ME BRAINLIST

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SIMPLE interest on a given amount is always less than or equal to the COMPOUND interest on the same amount for the same time period and at the same rate of interest per annum.

HOPE YOU LIKE MY ANSWER PLZ MARK ME BRAINLIST

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Amount is always more than simple interst. True or False

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