Simple Interest vs. Compound Interest

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.