Question

question 6 of 10
which type of interest can earn more money over the long term?
compound interest
simple interest
savings interest
complicated interest

Explanation:

Compound interest earns more over the long term because it is calculated on the initial principal and also on the accumulated interest of previous periods (interest on interest). Simple interest is only on the principal. "Savings interest" is a general term and not a distinct type for comparison, and "complicated interest" is not a recognized interest type.

Answer:

A. compound interest