The amount of simple interest during ‘n’ interest period is (where, i = interest rate based on the length of one interest period, p = principal) ?
(A) p.i.n.
(B) p(1 + i.n)
(C) p(1 + i)n
(D) p(1 – i.n)
The amount of simple interest during ‘n’ interest period is (where, i = interest rate based on the length of one interest period, p = principal) ?
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