Which descriptions about simple interest and yearly compounded interest are true? Select four options.

Simple interest is calculated only on the original principal, so it earns the same amount each year; this makes E true and B and F false. Compound interest is calculated on the principal plus previously earned interest, so H is true. The simple-interest formula has no exponent, while the yearly compound-interest formula includes a power such as (1 + r)^t, so A is true. Over multiple years at the same positive rate, compounding earns more than simple interest, making C true; D is false.

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