TRUE OR FALSE For any economy study based on our discussions, it is always necessary to determine the profit to evaluate the better/best alternative. If simple interest is evaluated, then the interest...

TRUE OR FALSE

• For any economy study based on our discussions, it is always necessary to determine the profit to evaluate the
  better/best alternative.


• If simple interest is evaluated, then the interest obtained will always be directly proportional to the number of years
  assuming that a constant interest rate is used throughout these years.