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Give two examples that illustrate the difference between a simple interest problem and a compound interest problem. Your initial post should be at least 2

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After studying Module 4: Lecture Materials & Resources, discuss the following:

Give two examples that illustrate the difference between a simple interest problem and a compound interest problem. Your initial post should be at least 200 words/numbers or a combination of both. Your initial post is worth 60 points.

  • Additional readings must be cited, and formatted in the current APA style.
  • You should respond to at least two of your peers by extending or adding supplementary distinctions to their posts. 

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