Chemical Engineering Mcqs

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)

Submitted By :Ali Uppal

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