A.If the time period of the loan is one year, the simple interest and compound interest are the same.B.If the time period of the loan is the same, the simple interest and compound interest are the same.C.When the full principal plus interest is paid together, compound interest and simple interest are of the same dollar amount.D.When the full principal plus interest is paid together, compound interest and simple interest are not of the same dollar amount.
A.If the time period of the loan is one year, the simple interest and compound interest are the same.
B.If the time period of the loan is the same, the simple interest and compound interest are the same.
C.When the full principal plus interest is paid together, compound interest and simple interest are of the same dollar amount.
D.When the full principal plus interest is paid together, compound interest and simple interest are not of the same dollar amount.