Simple interest: Earn interest only on the principal. (Linear increase)
Compound Interest: Earn money on principal and other accumulated interest. (Exponential increase)
Answer:
They believed the king did not view them as equal citizens with the right to petition.
Explanation:
When the colonists sent the Olive Branch Petition to the King, he rejected it and said that the colonies were in a state of rebellion instead.
The King also banned trade with the colonies, which angered the colonists, who took the King's response as a threat to their rights.
While other citizens in the British empire could petition the government, this rejection of the colonists' petition showed them that the king did not view them equally.